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The outstanding bonds of Winter Time Products provide a real rate of return of 3.70 percent. The current rate of inflation is 2.40 percent. What is

The outstanding bonds of Winter Time Products provide a real rate of return of 3.70 percent. The current rate of inflation is 2.40 percent. What is the nominal rate of return on these bonds?

6.12 percent

6.10 percent

6.21 percent

6.19 percent

6.16 percent

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