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Canadian Treasury bills with 1-year to maturity have a yield to maturity of 0.98% per year. If you expect inflation to be 1.4% per year

Canadian Treasury bills with 1-year to maturity have a yield to maturity of 0.98% per year. If you expect inflation to be 1.4% per year over the upcoming year, what is your expected real rate of return?

  1. -0.420%
  2. -0.446%
  3. -0.433%
  4. -0.414%
  5. -0.406%

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