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An analyst is evaluating securities in a developing nation where the inflation rate is very high. As a result, the analyst has been warned not

An analyst is evaluating securities in a developing nation where the inflation rate is very high. As a result, the analyst has been warned not to ignore the cross-product between the real rate and inflation. If the real risk-free rate is 60% and inflation is expected to be 66.0% each of the next 10 years, what is the yield on a 10-year security with no maturity, default, or liquidity risk?
Question 5 options:
78.000%
126.000%
165.600%
6.000%

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