Question
The outstanding bonds of Roy Thomas, Inc. provide a real rate of return of 4.1 percent. The current rate of inflation is 2.4 percent. What
| The outstanding bonds of Roy Thomas, Inc. provide a real rate of return of 4.1 percent. The current rate of inflation is 2.4 percent. What is the nominal rate of return on these bonds? |
A 6.50 percent
B 6.60 percent
C 1.02 percent
D 1.70 percent
F 1.07 percent
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Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
