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Suppose the real rate is 7 percent and the inflation rate is 2.4 percent. What rate would you expect to see on a Treasury bill?
Suppose the real rate is 7 percent and the inflation rate is 2.4 percent. What rate would you expect to see on a Treasury bill?
Multiple Choice A. 11.00% B. 8.61% C. 9.57% D. 10.52% E. 8.13%
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