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During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The flatiron rate was 74% per year. What was

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During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The flatiron rate was 74% per year. What was the real HPR on the bond over the year? (Round your answer to 2 decimal places. Omit the "%" Sign in your response.) Find the approximation = m - i.(Omit the "%" sign in your response.)

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