Question: A bond that paid interest annually yielded 6.4 percent last year. The inflation-adjusted real return was 4.2 percent. What was the inflation rate over the

 A bond that paid interest annually yielded 6.4 percent last year.

A bond that paid interest annually yielded 6.4 percent last year. The inflation-adjusted real return was 4.2 percent. What was the inflation rate over the same period? Select one: a. 2.11 percent b. 2.30 percent c. 4.63 percent d. 3.25 percent e. 2.88 percent

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