Multiple Choice
The outstanding bonds of Roy Thomas, Inc.provide a real rate of return of 3.6%.The current rate of inflation is 2.5%.What is the nominal rate of return on these bonds?
A) 6.10%
B) 6.13%
C) 6.16%
D) 6.19%
E) 6.22%
Correct Answer:
Verified
Correct Answer:
Verified
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