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Please answer ASAP. This is urgent. Please answer in 15 minutes only please. Question 1 The one-year Treasury bill rate in 2021 averaged 4.53 percent

Please answer ASAP. This is urgent. Please answer in 15 minutes only please.

Question 1

The one-year Treasury bill rate in 2021 averaged 4.53 percent and inflation (measured by the consumer price index) for the year was 4.10 percent. If investors had expected the same inflation rate as that actually realized (i.e., 4.10 percent), then what is the Fisher effect the real interest rate for 2021? Present the formula, show your solution and highlight your answer/s.

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