Warning There is a checkbox at the bottom of the exam form that you MUST check prior to submitting this exam. Failure to do so may cause your work to be lost. Question 1(Multiple Choice Worth 5 points) (04.02 MC) If a person buys a $100 bond with a nominal interest rate of 5 percent and the actual inflation rate is 5 percent for the year, what real interest rate did they earn in that year? 0 percent 5 percent 10 percent 20 percent Indeterminate