The long term inflation rate average was 3.2% and you invested in long term corporate bonds over the same period which earned 6.1%. What was the average risk premium you earned and your precise rate of return?
A) 2.9%; -2.9%
B) 9.3%; 10.3%
C) 2.9%; 2.81%
D) cannot be determined
Correct Answer:
Verified
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