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Suppose the 15-year Treasury bond rate currently gives 4.8%. If the inflation premium is 1.1%, and the maturity-risk premium on 15-year Treasury bonds is 0.3%
Suppose the 15-year Treasury bond rate currently gives 4.8%. If the inflation premium is 1.1%, and the maturity-risk premium on 15-year Treasury bonds is 0.3% then, assuming that there is no liquidity-risk premium on T-bonds, what is the real risk-free interest rate? (State your answer in one decimal point)
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