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The real risk-free rate is 2.5 percent. Inflation is expected to be 2 percent this year and 4.5 percent during the next 2 years. Assume

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The real risk-free rate is 2.5 percent. Inflation is expected to be 2 percent this year and 4.5 percent during the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 3-year Treasury securities? None 6.17% 6.75% 6.00% 0 6.33%

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