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A three-year treasury security currently earns 3.21 percent. Over the next three years, the real risk-free rate is expected to be 2.1 percent per year,
A three-year treasury security currently earns 3.21 percent. Over the next three years, the real risk-free rate is expected to be 2.1 percent per year, and the inflation premium is expected to be 0.04 percent per year. What's the maturity risk premium on the three-year treasury security?
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