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If the inflation rate is 1.75% and an investment currently pays 5%, what is this investment's exact real rate of interest? Do not round intermediate

If the inflation rate is 1.75% and an investment currently pays 5%, what is this investment's exact real rate of interest?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 19.49% should be entered as 19.49.

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