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Deep Hollow Welding s bond pays a coupon rate of 6.5 percent, has a yield to maturity of 6.98 percent, and a face value of

Deep Hollow Welding s bond pays a coupon rate of 6.5 percent, has a yield to maturity of 6.98 percent, and a face value of $1,000. The current rate of inflation is 2.68 percent. What is the real rate of return on these bonds?

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