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You read in The Wall street lournal that 30 -day T-bills are currently yielding 5.6%. Your brother-in-lav, a broker at Safe any Sound Secunities, has

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You read in The Wall street lournal that 30 -day T-bills are currently yielding 5.6%. Your brother-in-lav, a broker at Safe any Sound Secunities, has given you the following estimates of current interest rate premiurss: - Inflation premium =3,509 - Liquidity premium =0.9% - Maturity risk premium =2.15% On the basis of these data, what is the real risk-froe rate of retum? Round your answer to two decimal places. - Default risk premium =2.60%

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