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If you expect the inflation rate to be 4 percent over the next year and a one-year bond has a coupon rate of 8% and
If you expect the inflation rate to be 4 percent over the next year and a one-year bond has a coupon rate of 8% and a yield to maturity of 7%, then the real interest rate on this bond is?
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Probability And Statistics For Engineering And The Sciences
Authors: Jay L. Devore
9th Edition
1305251806, 978-1305251809
