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The maturity risk premium is zero. Inflation is expected to be 5% next year and 6.5% during the next 4 years after that. Afterward, inflation
The maturity risk premium is zero. Inflation is expected to be 5% next year and 6.5% during the next 4 years after that. Afterward, inflation is expected to stay at 4%. The real risk-free rate of interest is 2.5%. What is the yield on 10-year Treasury securities?
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