One Year Ago, You Bought a Bond for $40,000

question 10

Multiple Choice

One year ago, you bought a bond for $40,000.Today, you received the $40,000 principal back plus an interest of $2,000.If the inflation rate over the last year was 3 percent, calculate your real return (Round off your answer to the nearest percentage point) .

• A)2 percent
• B)3 percent
• C)4 percent
• D)5 percent

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An expert or scholar who studies and develops theories about what motivates individuals to act in certain ways.

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