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As of today, the average YTM (yield to maturity) of a one-year CD is 0.15%, and the U.S. inflation rate (measured by the CPI index)
As of today, the average YTM (yield to maturity) of a one-year CD is 0.15%, and the U.S. inflation rate (measured by the CPI index) is 1.30%. (These are both actual, real-world numbers). If you purchase an average one-year CD today, what will be your real rate of return? Round your answer to four decimal places
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