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A consol with yearly interest of $100 is selling for $1000, the rate of inflation is expected to be 2% and you have the opportunity
A consol with yearly interest of $100 is selling for $1000, the rate of inflation is expected to be 2% and you have the opportunity to instead invest in a stock.What would the expected real rate return of return have to be on the stock for you to buy and hold the stock?
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