Question $34(3$ points$)$

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The yield to maturity on a bond is currently $8\mathrm{.}76$ percent. The real rate of return is $4\mathrm{.}48$ percent. What is the rate of inflation?

$4\mathrm{.}10$ percent

$5\mathrm{.}64$ percent

$7\mathrm{.}24$ percent

$12\mathrm{.}04$ percent

$13\mathrm{.}63$ percent