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You bought one of Rocky Mountain Manufacturing Co.'s 8.5 percent coupon bonds one year ago for $1,046.30. These bonds make annual payments and mature eleven years from now. Suppose that you decide to sell your bonds today, when the required return on the bonds is 8.00 percent.
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If the inflation rate was 3.7 percent over the past year, what would be your total real return on investment?
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Targeted recruitment, inclusion of women and African-Americans on top management teams, work family accommodations, and affirmative action plans increase the racial and gender diversity of the organization's managerial workforce.
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