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Last Year, You Earned a Rate of Return of 5

Question 113

Multiple Choice

Last year, you earned a rate of return of 5.89 percent on your bond investments.During that time, the inflation rate was 1.2 percent.What was your real rate of return?


A) 4.58 percent
B) 4.69 percent
C) 4.72 percent
D) 4.63 percent
E) 4.60 percent

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