If you buy a 3 year 3.9% coupon rate regular bond at face value and...
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Accounting
If you buy a 3 year 3.9% coupon rate regular bond at face value and inflation is 6.7% in year 1, 4.2% in year 2, 6.0% in year 3, what are your total 3-year nominal rate of returns?
A. -4.8%
B. 12.2%
C. 32.2%
D. -1.4%
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