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Marie bought a five - year 5 percent annual coupon bond for 9 2 5 a year ago. Today, she sold the bond at the

Marie bought a five-year 5 percent annual coupon bond for 925 a year ago. Today, she sold the bond at the market yield of 6 percent. What is Marie's approximate real rate of return if the inflation rate over the past year was 2.5 percent? a)7.27%, b)6.45%, c)6.12%, d)5.76%

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