If your after$-$tax expected real interest rate is $3$ percent and your expected inflation rate is $2$ percent, what was the nominal interest rate on your one$-$year bond if you faced a tax rate of $20$ percent?

Question $8$Select one:

a$.$

$5\mathrm{.}0$ percent

b$.$

$5\mathrm{.}75$ percent

c$.$

$6\mathrm{.}0$ percent

d$.$

$6\mathrm{.}25$ percent