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A 12-month T-bill carries a yield to maturity of 6% APR. If during the 12 months you hold the T-bill, inflation registers 3%, what's your

A 12-month T-bill carries a yield to maturity of 6% APR. If during the 12 months you hold the T-bill, inflation registers 3%, what's your real annual rate of return? Be precise to 4 decimal points.

2.9126%

3.0001%

2.8300%

0.9700%

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