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The real risk-free rate is 3.05%. Inflation is expected to be 2.2% this year, 4.3% next year, and 2.05% thereafter. The maturity risk premium is

The real risk-free rate is 3.05%. Inflation is expected to be 2.2% this year, 4.3% next year, and 2.05% thereafter. The maturity risk premium is estimated to be 0.05 (t - 1)%, where t = number of years to maturity. What is the yield on a 7-year Treasury note?

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