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The outstanding bonds of Roy Thomas, Inc. provide a real rate of return of 3.5 percent. The current rate of inflation is 2.1 percent. What
The outstanding bonds of Roy Thomas, Inc. provide a real rate of return of 3.5 percent. The current rate of inflation is 2.1 percent. What is the nominal rate of return on these bonds? |
5.67 percent
1.06 percent
1.40 percent
1.01 percent
5.60 percent
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