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XYZ Inc.'s 6 percent annual bonds sold one year ago for $900. The bonds mature 19 years from now. If these bonds are sold today,
XYZ Inc.'s 6 percent annual bonds sold one year ago for $900. The bonds mature 19 years from now. If these bonds are sold today, the required return on the bonds is 7.4 percent. The inflation rate over the past year was 3.1 percent. What was the real return on this investment?
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To calculate the real return on this investment you need to adjust the nominal return which is the 7...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
