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During a period of severe inflation, a bond offered a nominal HPR of 85% per year. The inflation rate was 76% per year. a. What

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During a period of severe inflation, a bond offered a nominal HPR of 85% per year. The inflation rate was 76% per year. a. What was the real HPR on the bond over the year? (Round your answer to 2 decimal places.) Real HPR 0 % b. Find the approximation rr=rn-i. Approximation

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