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

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

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Treasury bills are currently paying 6 percent and the inflation rate is 3.10 percent.

What is the approximate real rate of interest? (Round your answer to 2 decimal places. (e.g., 32.16))

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What is the exact real rate? (Round your answer to 2 decimal places. (e.g., 32.16))

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