(Choose 1 answer)
(17939) Suppose one year ago the price index was 120 and Mark purchased $20,000 w One year later the price index is 126. Mark redeems his bonds for $22,250 and is in a 40 per What is Mark's real after-tax rate of interest to the nearest tenth of a percent?
A. 4.3 percent
B. 3.1 percent
C. 1.8 percent
D. 1.2 percent
Exit 22
