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If the nominal interest rate is 7.1%, real rate is 3%, and investors demand a 1.5% risk premium. What would be the implied inflation level

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If the nominal interest rate is 7.1%, real rate is 3%, and investors demand a 1.5% risk premium. What would be the implied inflation level to lenders? 0.0% 03.7% 2.6% 041%

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