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What is the exact real rate of return on these bonds

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Blanc Plum Linens has bonds outstanding that pay a 7.97% coupon, payable semi-annually, and have a 7.01% APR Yield to Maturity. If the current rate of inflation is 2.42%, what is the exact real rate of return on these bonds?

Reference no: EM131586100

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What is the exact real rate of return on these bonds : If the current rate of inflation is 2.42%, what is the exact real rate of return on these bonds?
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