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Assume that the inflation rate during the last year was 1.07 percent. US government T-bills had nominal rates of return of 3.23 percent. What is

Assume that the inflation rate during the last year was 1.07 percent. US government T-bills had nominal rates of return of 3.23 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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