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please help very lost thank you The nominal, risk-free rate on T-bills recently is 3.49%. If the real rate of interest is 0.82%, what is

please help very lost thank you

The nominal, risk-free rate on T-bills recently is 3.49%. If the real rate of interest is 0.82%, what is the expected level of inflation? The expected level of inflation, P, is \%. (Round to two decimal places.)

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