Question
Assume that for a 10-year period inflation averaged 2.8 percent, U.S. Treasury bills returned 3.3 percent, and long-term corporate bonds earned 5.9 percent. What was
Assume that for a 10-year period inflation averaged 2.8 percent, U.S. Treasury bills returned 3.3 percent, and long-term corporate bonds earned 5.9 percent. What was the real rate of return on long-term corporate bonds for the period?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
1259024962, 978-1259024962
