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6. Problem 6.10 (Inflation) If the yield on 3-year Treasury bonds equals the 1-year yield plus 2.0%, what inflation rate is expected after Year 1

6. Problem 6.10 (Inflation) If the yield on 3-year Treasury bonds equals the 1-year yield plus 2.0%, what inflation rate is expected after Year 1 ? Round your answer to two decimal places. %

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