Assume that for a 10-year period inflation averaged 2.8 percent, U.S. Treasury bills returned 3.3 percent, and
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Assume that for a 10-year period inflation averaged 2.8 percent, U.S. Treasury bills returned 3.3 percent, and long-term corporate bonds earned 5.9 percent. What was the real rate of return on long-term corporate bonds for the period?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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