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Question 3 1 pts Treasury bills are currently paying 8.8% and the inflation rate is 2.3%. What is the approximate real rate of interest? (Round

Question 3 1 pts Treasury bills are currently paying 8.8% and the inflation rate is 2.3%. What is the approximate real rate of interest? (Round your final answer to two decimal places and express in percentage form; i.e., X.xx%.)

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