You bought one of great white shark repellant corsquos 8, Ask an Expert

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You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $760. These bonds make annual payments and mature 12 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 9 percent. If the inflation rate was 3.4 percent over the past year, what was your total real return on investment?

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Financial Management, Finance

Category:- Financial Management
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