1. Suppose that 9-month Treasury bills are currently paying 2.6% interest and the expected inflation is 1.7%. What is the real interest rate under Fisher effect?

Question 1 options:

	1.70%
	2.60%
	0.90%
	4.30%

2. Kelly, an investor, has the income tax rate of 24%. What must be the before-tax yield on a stock index fund if she wants to have an after-tax yield of 11%?

Question 2 options:

	11%
	13.64%
	8.36%
	14.47%