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You purchase a one-year bond offering a 6% yield to maturity. If the market expects inflation to be 3% per year, what is the real

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You purchase a one-year bond offering a 6% yield to maturity. If the market expects inflation to be 3% per year, what is the real return on the bond using the exact Fisher formula? Calculate to the nearest 1/100 of 1%. For example, 5.67% would be entered as 5.67

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