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The real risk-free rate is 1.00%. Inflation is expected to be 2.40% this year and 6.80% next year. What is the yield on 2-year T-securities

The real risk-free rate is 1.00%. Inflation is expected to be 2.40% this year and 6.80% next year. What is the yield on 2-year T-securities (report the percentage number with two decimal places and do not include % in your answer)?

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