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A bond has a nominal interest rate of 6.7 percent and the expected inflation rate is 1.7 percent. What is the bond's real interest rate?

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A bond has a nominal interest rate of 6.7 percent and the expected inflation rate is 1.7 percent. What is the bond's real interest rate? Answer in percent to 2 decimal places and do not include the \% sign. For example, if the return is 2.04%, you should enter 2.04 as the

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