If the real risk- free rate of interest is 4.8% and the rate of inflation is expected

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If the real risk- free rate of interest is 4.8% and the rate of inflation is expected to be constant at a level of 3.1%, what would you expect 1- year Treasury bills to return if you ignore the cross product between the real rate of interest and the inflation rate?
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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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