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18 February, 16:37

Suppose you bought a 6 percent coupon bond one year ago for $950. the face value of the bond is $1,000. you sold the bond today for $994. if the inflation rate last year was 3.1percent, what was your total real rate of return on this investment?

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  1. 18 February, 16:55
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    The answer is 7.61 percent
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