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What real rate of return is earned by a one-year Investor in a bond that was purchased for $1.000, has an 9% coupon, and was
What real rate of return is earned by a one-year Investor in a bond that was purchased for $1.000, has an 9% coupon, and was sold for $954 when the inflation rate was 5.40%? (Do not round intermediate calculations.) Multiple Choice - 95% 10.04% 96% 4 40%
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