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ri - County Hauling has bonds outstanding that pay a 6 percent coupon, have a 5 . 4 7 percent yield to maturity, and a

ri-County Hauling has bonds outstanding that pay a 6 percent coupon, have a 5.47 percent yield to maturity, and a face value of $1,000. The current rate of inflation is 3.2 percent. What is the real rate of return on these bonds?
Question 6Select one:
a.
0.53%
b.
1.69%
c.
2.20%
d.
2.27%
e.
None of the above.

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