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The outstanding bonds of Arizona Lithium Inc. provide a real rate of return of 6.1 percent. The current rate of inflation is 2.9 percent. What
The outstanding bonds of Arizona Lithium Inc. provide a real rate of return of 6.1 percent. The current rate of inflation is 2.9 percent.
What is the actual nominal rate of return on these bonds?
(round answer to whole number with two decimal points: i.e., use 1.23 percent instead of 0.0123)
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