What is approximate real rate of interest-exact real rate

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Reference no: EM131510102

Treasury bills are currently paying 6 percent and the inflation rate is 3 percent.

What is the approximate real rate of interest? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Approximate real rate %

What is the exact real rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Exact real rate %

Reference no: EM131510102

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