A bond has a yield to maturity of 8.97 percent. If the inflation rate is 1.2 percent,
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A bond has a yield to maturity of 8.97 percent. If the inflation rate is 1.2 percent, what is the real rate of return on the bond?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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