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Superior Markets has bonds outstanding that pay a 5% semiannual coupon, have a 5.28% yield to maturity, and a face value of $1,000. The current
Superior Markets has bonds outstanding that pay a 5% semiannual coupon, have a 5.28% yield to maturity, and a face value of $1,000. The current rate of inflation is 4.1%. What is the real rate of return on these bonds? Please show the steps
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