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An investment is expected to return 14 percent over the next year. However, Happy So believes the total real return will be closer to

 
 

An investment is expected to return 14 percent over the next year. However, Happy So believes the total real return will be closer to 6.8 percent. What does Happy believe the inflation rate will be over the next year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Payment Coupon rate frequency YTM Par value Years to maturity ABC Bond XYZ Bond Premium bond Discount bond 9.30% Annually 7.30% $ 1,000.00 8 years 5.30% Annually 7.30% $ 1,000.00 8 years Calculate the following: Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.

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