Question
Assume that the inflation rate during the last year was 1.72 percent. US government T-bills had the nominal rates of return of 5.79 percent. What
Assume that the inflation rate during the last year was 1.72 percent. US government T-bills had the nominal rates of return of 5.79 percent. What is the real rate of return for a T-bill?
Round the answer to two decimal places in percentage form.
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