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The required return on ABC bond is 9%. The market is paying a 2% real rate of return and ABC bond commands a 3% risk
The required return on ABC bond is 9%. The market is paying a 2% real rate of return and ABC bond commands a 3% risk premium. What is the rate of inflation?
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
