Suppose the risk-free real rate is 45 percent and the


Suppose the risk-free real rate is 4.5 percent and the inflation rate is 1.7 percent.

You would expect to see a rate of ______ percent on a Treasury bill.

Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

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Financial Management: Suppose the risk-free real rate is 45 percent and the
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