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From 1991 to 2000 the us economy had an annual inflation

From 1991 to 2000, the U.S. economy had an annual inflation rate of around 2.93%. The historical annual nominal risk-free rate for this same period was around 5.02%. What is the real interest rate using the approximate nominal interest rate equation and the true nominal interest rate equation for that decade?

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Finance Basics: From 1991 to 2000 the us economy had an annual inflation

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