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Treasury bills are currently offering a 9 percent real annual return to their investors. The inflation rate is 4 percent per year. Calculate the exact

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Treasury bills are currently offering a 9 percent real annual return to their investors. The inflation rate is 4 percent per year. Calculate the exact nominal rate of return (or yield to maturity) to investors buying Treasury bills. 14.70 % 13.36% 13.00 % 5.00% 4.81 96

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