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Assume a normal term structure of interest rates. Given original yield spread between corporate bonds and government bonds = 1 . 3 1 % ,

Assume a normal term structure of interest rates. Given
original yield spread between corporate bonds and government bonds =1.31%,
original government bond yield =5.64%.
There is now an anticipated change in inflation of -1.49%,
Based on the Fisher effect, find the new government bond yield, in %.

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