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A T-Bill has a nominal rate of 10% and the inflation rate is 4.5%. What is the approximate real rate of interest? What is the
A T-Bill has a nominal rate of 10% and the inflation rate is 4.5%. What is the approximate real rate of interest? What is the exact real rate?
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Public Finance
Authors: Richard W. Tresch
4th Edition
0128228644, 978-0128228647
