Question
Assume that the inflation rate during the last year was 1.87 percent. US government T-bills had the nominal rates of return of 5.30 percent. What
Assume that the inflation rate during the last year was 1.87 percent. US government T-bills had the nominal rates of return of 5.30 percent. What is the real rate of return for a T-bill?
Round the answer to two decimal places in percentage form.(Write the percentage sign in the "units" box)
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Public Finance
Authors: Harvey Rosen, Ted Gayer
10th edition
9781259716874, 78021685, 1259716872, 978-0078021688
