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Suppose the real rate is 3.95 percent and the inflation rate is 1.1 percent. Required: What rate would you expect to see on a Treasury

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Suppose the real rate is 3.95 percent and the inflation rate is 1.1 percent. Required: What rate would you expect to see on a Treasury bill? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Rate %

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