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Assume long-term corporate bonds earned an average return of 6.97 percent over a 3-year period. Also assume the return on U.S. Treasury bills was 3.34
Assume long-term corporate bonds earned an average return of 6.97 percent over a 3-year period. Also assume the return on U.S. Treasury bills was 3.34 percent and inflation was 2.87 percent for the 3-year period. What was the real rate of return on long-term corporate bonds for the period? Possible Answers: 3.51 percent, 3.63 percent, 3.84 percent, 3.99 percent
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