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Suppose you bought a 5% coupon bond one year ago for $985. The face value of the bond is $1,000. The bond sells for $1,010
Suppose you bought a 5% coupon bond one year ago for $985. The face value of the bond is $1,000. The bond sells for $1,010 today. If the inflation rate last year was 1%, what was your total real rate of return on this investment? a. 7.41% b. 6.55% OC. 4.32% O d.5.47%
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