Question: 7. value: 10.00 points A bond par value is $2,000 and the coupon rate is 6.4 percent. The bond price was $1,946.89 at the beginning

7. value: 10.00 points A bond par value is $2,000 and

7. value: 10.00 points A bond par value is $2,000 and the coupon rate is 6.4 percent. The bond price was $1,946.89 at the beginning of the year and $1,984.45 at the end of the year. The inflation rate for the year was 2.3 percent. What was the bond's real return for the year? 06.06% 6.06% 6.45%

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