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4. Calculate the one-year real rate of interest faced by the U.S. government given that expected inflation is now 2.24%/year (Source: FRB-Cleveland) and the nominal

4. Calculate the one-year real rate of interest faced by the U.S. government given that

expected inflation is now 2.24%/year (Source: FRB-Cleveland) and the nominal one-

year U.S. Treasury rate is 0.7493% (Source: Investing.com).

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