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PROTECTED VIEW Be careful--files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing 8 fc A B C D E F G H K M N You bought one of Elkins Manufacturing Co.'s 8 percent coupon bonds one year ago for 8 $1,059. These bonds make annual payments, mature 10 years from now, and have a par value of $1,000. Suppose you decide to sell your bonds today, when the required return on the bonds is 7 percent. If the inflation rate was 4.8 percent over the past year, what would be your total real return on the investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 0 1 Total real return % 2 13 14 15 16 17 18 19 20 21 22 23 24 25 Q1 Q2 Q3 Q4 Q5 06 Q7 08 09 Q10

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