Use the rounded numbers in intermediate calculations

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Reference no: EM13297656

Suppose the real rate is 3.35 percent and the inflation rate is 2.3 percent. Required: What rate would you expect to see on a Treasury bill? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places.

Reference no: EM13297656

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