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Hooman today purchased a bond at a quoted price of 97.6. The bond matures in five years, pays semi-annual interest, and has a 7% coupon

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Hooman today purchased a bond at a quoted price of 97.6. The bond matures in five years, pays semi-annual interest, and has a 7% coupon rate. If Hooman holds the bond to maturity, what real rate of return will he earn if inflation remains constant at 2.5%

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