Post Utme Rsu 2024 Economics Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Rsu Economics examination.

Post Utme Rsu 2024 Economics Objective / Multiple Choice
Question 7 POST_UTME_RSU • 2024 • ECONOMICS • objective

A country's inflation rate is 5% per annum, and its nominal interest rate is 10% per annum. If the real interest rate is 4% per annum, what is the expected rate of return on a 2-year bond?

Answer Options

A. 8%
Correct Answer B. 9%
C. 10%
D. 11%
Correct Answer
B
Correct Option:
9%

About This Question

This is Post Utme Rsu 2024 Economics Question 7. It is one of the objective questions from the 2024 Post Utme Rsu Economics examination.

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