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Suppose you invested in a bond that offers a YTM of 13.25% over the coming year. Abby Cohen, GS economist, expects inflation to be 7.47%
Suppose you invested in a bond that offers a YTM of 13.25% over the coming year. Abby Cohen, GS economist, expects inflation to be 7.47% over the coming year. What is the expected real return on this investment?
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