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The interest rate (yield) on Treasury bonds is 3.8% and the expected inflation rate is 1.2%. Attempt 1/5 for 10 pts. Part 1 What is

The interest rate (yield) on Treasury bonds is 3.8% and the expected inflation rate is 1.2%.

Attempt 1/5 for 10 pts.

Part 1

What is the exact real rate of interest?

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