Question
Assume that the inflation rate during the last year was 2.87 percent. US long-term bonds had the nominal rates of return of 3.81 percent. What
Assume that the inflation rate during the last year was 2.87 percent. US long-term bonds had the nominal rates of return of 3.81 percent. What is the real rate of return for a US long-term bond? Round the answer to two decimal places in percentage form.
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
