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According to the approximation to the Fisher Equation, given a nominal interest rate of 5.75% and an expected inflation rate of 2.25%, what is the
According to the approximation to the Fisher Equation, given a nominal interest rate of 5.75% and an expected inflation rate of 2.25%, what is the approximate real rate of interest? Answer format: e.g. XX.X% = XX.X, 12.3% = 12.3 (no % sign, only 1 decimal place)
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