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An investor in Treasury securities expects inflation to be 1.8% in Year 1,2.6% in Year 2, and 3.55% each year thereafter. Assume that the real

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An investor in Treasury securities expects inflation to be 1.8% in Year 1,2.6% in Year 2, and 3.55\% each year thereafter. Assume that the real risk-free rate is 2.55% and that this rate will remain constant. Three-year Treasury securities yield 6.50%, while 5 year Treasury securities yield 8.00%. What is the difference in the maturity risk premiums (MRPs) on the two securities; that is, what is MRP5MRP3 ? Do not round intermediate calculations. Round your answer to two decimal places. %

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