The outstanding bonds of franks welding provide a real rate, Ask an Expert

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The outstanding bonds of Frank's Welding provide a real rate of return of 2.87 percent. The current rate of inflation is 4.64 percent. What is the nominal rate of return on these bonds?

A. 7.33 percent

B. 7.46 percent

C. 7.51 percent

D. 7.64 percent

E. 7.71 percent

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92390286

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