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Abner Corporation's bonds mature in 22 years and pay 7 percent interest annually. If you purchase the bonds for $ 800 , what is your

  1. Abner Corporation's bonds mature in 22 years and pay 7 percent interest annually. If you purchase the bonds for $800, what is your yield to maturity?
  2. What would you expect the nominal rate of interest to be if the real rate is 4.1 percent and the expected inflation rate is 7.4 percent?

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