You purchased one gbk inc 8 percent coupon bond one year, Financial Management

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You purchased one gbk inc 8 percent coupon bond one year

You purchased one GBK, Inc. 8 percent coupon bond one year ago for $1,090. The bond makes annual payments and matures four years from now. You sell the bond today when the required return is 4 percent. The inflation rate was 1.4 percent over the past year. What was the real return on your investment?

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Financial Management: You purchased one gbk inc 8 percent coupon bond one year

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Financial Management: You purchased one gbk inc 8 percent coupon bond one year

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