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( Interest rate determination ) If the 10-year Treasury bond rate is 6.4%, the inflation premium is 1.9%, and the maturity-risk premium on 10-year Treasury
(Interest rate determination)
If the 10-year Treasury bond rate is 6.4%, the inflation premium is 1.9%, and the maturity-risk premium on 10-year Treasury bonds is 0.2%, assuming that there is no liquidity-risk premium on these bonds, what is the real risk-free interest rate? The real risk-free interest rate is _____%. (Round to one decimal place.)
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