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Please make sure this is correct. Someone else posted this question and they answered with 2.20% which was incorrect! Suppose 1-year T-bills currently yield 7.00%

Please make sure this is correct. Someone else posted this question and they answered with 2.20% which was incorrect!image text in transcribed

Suppose 1-year T-bills currently yield 7.00% and the future inflation rate is expected to be constant at 4.70% per year. The real risk-free rate of return is 2.20 X %

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