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If the nominal rate of interest is 4.35 percent and the expected rate of inflation is 1.63 percent, what is the real rate of interest?

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If the nominal rate of interest is 4.35 percent and the expected rate of inflation is 1.63 percent, what is the real rate of interest? (Round percentage answer to 3 decimal places, e.g. 52.754%.) Real rate of interest

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