Question
Assume that the inflation rate during the last year was 1.15 percent. Us government t-bills had the nominal rates of return of 5.97 percent. What
Assume that the inflation rate during the last year was 1.15 percent. Us government t-bills had the nominal rates of return of 5.97 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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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
12th Global Edition
1292268859, 978-1292268859
