A bond yielded a real rate of return of 3.87 percent for a time period when the inflation rate was 3.75 percent. What was the actual nominal rate of return?
A. 87.58 percent
B. 7.62 percent
C. 7.77 percent
D. 8.28 percent
E. .36 percent
Answer: C. 7.77 percent
Business
You might also like to view...
Positioning is the act of designing the company's offering and image to occupy a distinctive place in the minds of the target market
Indicate whether the statement is true or false
Business
Benchmarking involves comparing the firm's products and processes to those of the competitors to identify best practices to improve quality and performance
Indicate whether the statement is true or false
Business