Assume the nominal interest rate is 6 percent and the inflation rate is 2.5 percent. What is the approximate real rate of interest and exact real rate? Approximate real rate is 5.69% and exact real rate is 0.99%. Approximate real rate is 3.5% and exact real rate is 3.41%. Approximate real rate is 8.36% and exact real rate is 0.05%. Approximate real rate is 1.5% and exact real rate is 2.98%. Question 2 12.5pts Suppose the real rate is 3.6 percent and the inflation rate is 5.4 percent. What rate would you expect to see on a Treasury bill? 0.26%. 9.19%. 5.69%. 3.50%