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thanks! A bond par value is $2,000 and the coupon rate is 4.8 percent. The bond price was $1,945.77 at the beginning of the year
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A bond par value is $2,000 and the coupon rate is 4.8 percent. The bond price was $1,945.77 at the beginning of the year and $1,977.81 at the end of the year. The inflation rate for the year was 2.6 percent. What was the bond's real return for the year? 8 00:56:16 3.88% 4.85% 4.14% 6.58% 3.39%Step by Step Solution
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