Multiple Choice
The outstanding bonds of RTF, Inc., provide a real rate of return of 3.3%. The current rate of inflation is 2.85%. What is the nominal rate of return on these bonds?
A) 6.12%
B) 6.15%
C) 6.30%
D) 6.24%
E) 6.27%
Correct Answer:
Verified
Correct Answer:
Verified
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