A Bond Yielded a Real Rate of Return of 3

question 92

Multiple Choice

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

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Definitions:

Theotokos

Greek, “she who bore God.” The Virgin Mary, the mother of Jesus.

Hiberno-Saxon

Referring to the art and culture that emerged in the British Isles during the early medieval period, characterized by the fusion of Anglo-Saxon and Irish traditions.

Iconographical Program

A systematic method of depicting subjects in works of art that involves a set of conventional symbols, allowing the viewer to understand its meanings and messages.

Thierry of Chartres

A 12th-century philosopher and theologian known for his work in the fields of natural philosophy, theology, and mathematics, contributing to the intellectual environment of the Twelfth-Century Renaissance.