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5. The real rate is 3.1 percent and the inflation rate is 4.7 percent. What rate would you expect to see on a Treasury bill?

5.

The real rate is 3.1 percent and the inflation rate is 4.7 percent.

What rate would you expect to see on a Treasury bill? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Treasury bill rate %

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