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Problem 6-9 Calculating Real Rates of Return [LO 4] If Treasury bills are...

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Finance

Problem 6-9 Calculating Real Rates of Return [LO 4]
If Treasury bills are currently paying 5.8 percent and the inflation rate is 2.7 percent, what is the approximate and the exact real rate of
interest?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
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