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??????? An investor in Treasury securities expects inflation to be ( 1.6 % ) in Year ( 1,2.2 % ) in Year 2 , and
??????? An investor in Treasury securities expects inflation to be \( 1.6 \% \) in Year \( 1,2.2 \% \) in Year 2 , and \( 3.45 \% \) each year thereafter. Assume that the real risk-free rate is \( 1.85 \% \) 2 answers
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