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A bond has a nominal interest rate of 6.9 percent and the expected inflation rate is 2.9 percent. What is the bond's real interest rate?

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A bond has a nominal interest rate of 6.9 percent and the expected inflation rate is 2.9 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 retum is 2.04%, you should enter 2.04 as the answer. A bond has a nominal interest rate of 6.9 percent and the expected inflation rate is 2.9 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 retum is 2.04%, you should enter 2.04 as the

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