3 Say you own an asset that had a total return last year of 16 percent. Assume the inflation rate last year was 3.8 percent. What was your real return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 0.25 points Real return % eBook Hint 4. If Treasury bills are currently paying 6.5 percent and the inflation rate is 13 percent what is the approximate and the exact real rate of Interest? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 0.25 points 9 eBook Approximate real rate Exact real rate % References