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Suppose the real rate is 3.5 percent and the inflation rate is 5.1 percent. What rate would you expect to see on a Treasury bill?

Suppose the real rate is 3.5 percent and the inflation rate is 5.1 percent.

What rate would you expect to see on a Treasury bill? (Round your answer to 2 decimal places. (e.g., 32.16))

Treasury bill rate

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