Assume that the inflation rate during the last year was 1.05 percent. US government T-bills had the nominal rates of return of 4.02 percent. What
Assume that the inflation rate during the last year was 1.05 percent. US government T-bills had the nominal rates of return of 4.02 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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Authors: Stephen L. Nesbitt
2nd Edition
1119944392, 978-1119944393
