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Dan wubbena predicts that inflation this year is only 3 . 5 % . However, the inflation rate in year 2 and therafter is expected
Dan wubbena predicts that inflation this year is only However, the inflation rate in year and therafter is expected to be constant at some level above Assume that expectation theory holds and the real riskfree rate rm If the yield on year treasury bonds equals the year yield plus what inflation rate is expected after year Assume there is no MRP DRP and no LP
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