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The real interest rate is 2.1% per year. If the inflation rate is expected to be 2.2% per year for the next two years and
The real interest rate is 2.1% per year. If the inflation rate is expected to be 2.2% per year for the next two years and 2.6% per year thereafter, what is the yield on four- year Treasury securities? 1) 4.9% 2) 5.1% 3) 4.7% 4) 4.5% 5) 4.3%
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