. Curtis bought an 8.5% annual coupon bond at par. One year later, he sold the bond at a quoted price of 98. During the year, market interest rates rose and inflation was 3%. What real rate of return did Curtis earn on this investment? A) 3.40% B) 3.50% C) 6.40% D) 6.50% E) 6.70% Ans: A

How would you solve this I am confused with this question as the years to maturity is not stated, what inputs do i put in my financial calculator?