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Suppose today' is January 2, 2017, and investors expect the annual inflation rates in 201 * through 2015 to be` YEAR ONE- YEAR INFLATION RATE

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Suppose today' is January 2, 2017, and investors expect the annual inflation rates in 201 * through 2015 to be` YEAR ONE- YEAR INFLATION RATE 2017 2. 190 2018 1.5 2019 50 COLLECT STUDYBIT To vield a real risk - free rate , ``, Equal to 2 percent, what would the average nominal rate be on a ( a ) one - year bond , ( 6 ) two - year bond , and ( c) three - year bond ? Assume the bond's are risk - free

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