"you just bought a bond with a yield to maturity of 9.5%. if the rate of inflation is expected to be 4%, what is the real return on your investment? remember that the real rate of return is 1 + the no

"you just bought a bond with a yield to maturity of 9.5%. if the rate of inflation is expected to be 4%, what is the real return on your investment? remember that the real rate of return is 1 + the nominal rate (ytm) divided by 1 + expected inflation, minus 1".

a. 4.00%

b. 9.50%

c. not enough information

d. 5.29%