Multiple Choice
Assume that for a 10-year period inflation averaged 2.8 percent,U.S.Treasury bills returned 3.3 percent,and long-term corporate bonds earned 5.9 percent.What was the real rate of return on long-term corporate bonds for the period?
A) 2.8%
B) 3.1%
C) 9.5%
D) 9.9%
E) -.2%
Correct Answer:
Verified
Correct Answer:
Verified
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