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1 The nominal, risk-free rate on T-bills recently is 2.09%. If the real rate of interest is 0.93%, what is the exact and approximate expected
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The nominal, risk-free rate on T-bills recently is 2.09%. If the real rate of interest is 0.93%, what is the exact and approximate expected level of inflation? The exact expected level of inflation, i, is 1.149 %. (Round to three decimal places.) The approximate expected level of inflation, i, is % (Round to two decimal places.)Step by Step Solution
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