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The real risk-free rate of interest is 4%. Inflation is expected to be 3% this year and 4% during each of the next 2 years.

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The real risk-free rate of interest is 4%. Inflation is expected to be 3% this year and 4% during each of the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 2-year Treasury securities? Round your answer to two decimal places. What is the yield on 3-year Treasury securities? Round your answer to two decimal places. olo

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