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What is the approximate real rate of interest

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Reference no: EM131114040

Treasury bills are currently paying 6 percent and the inflation rate is 2.8 percent.

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

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.)

Reference no: EM131114040

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