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The risk-free rate is 3.6%, and expected inflation is 2.8%. If inflation expectations change such that future expected inflation falls to 2.2%, what will the

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The risk-free rate is 3.6%, and expected inflation is 2.8%. If inflation expectations change such that future expected inflation falls to 2.2%, what will the new risk-free rate be? The new risk-free rate is %. (Round to one decimal place.)

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