Multiple Choice
The nominal rate of return on a bond is 7.28 percent while the real rate is 3.09 percent.What is the rate of inflation?
A) 4.06 percent
B) 4.28 percent
C) 4.09 percent
D) 4.13 percent
E) 4.17 percent
Correct Answer:
Verified
Correct Answer:
Verified
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