The nominal rate of return on the bonds of stus boats is


The nominal rate of return on the bonds of Stu's Boats is 9.25 percent. The real rate of return is 3.9 percent. What is the rate of inflation?

2.37 percent

5.15 percent

4.63 percent

5.35 percent

6.58 percent

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Financial Management: The nominal rate of return on the bonds of stus boats is
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