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A company buys a $1000 corporate bond that pays 10% per year. The inflation rate is 3%. What is its dollar return on the investment
A company buys a $1000 corporate bond that pays 10% per year. The inflation rate is 3%. What is its dollar return on the investment after three years?
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
