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The real risk-free rate is 3.0% and inflation is expected to be 3.75% for the next 2 years. A 2 -year Treasury security yieids 6.95%.

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The real risk-free rate is 3.0% and inflation is expected to be 3.75% for the next 2 years. A 2 -year Treasury security yieids 6.95%. What is the maturity risk premium for the 2 -year security? Round your answer to one decimal place

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