Question
Treasury bills are currently paying 8 percent and the inflation rate is 3.00 percent. What is the approximate real rate of interest? (Round your answer
| Treasury bills are currently paying 8 percent and the inflation rate is 3.00 percent. |
| What is the approximate real rate of interest? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Approximate real rate | % |
| What is the exact real rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Exact real rate | % |
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Recent Advances In Computational Finance
Authors: Nikolaos S. Thomaidis, Jr. Dash, Gordon H.
1st Edition
1626181233, 978-1626181236
