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A Turkish government bond, which has 4 years to maturity has a yield of 22.4%. Inflation expectation for the first year 9%, second year 10%,
A Turkish government bond, which has 4 years to maturity has a yield of 22.4%. Inflation expectation for the first year 9%, second year 10%, and 1x% thereafter.Maturity risk premiums *t * 0.1%(For example, if X is 2and t is 3;it is 0.6%). What is the yield of the 8-years Turkish government bond?
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