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Assume investors expect inflation to be 5% next year, 6% the following year, 7% year 3 and 8% per year thereafter. * What is the average inflation
Assume investors expect inflation to be 5% next year, 6% the following year, 7% year 3 and 8% per year thereafter.* What is the average inflation rate on year 3?* What is the average inflation on year 8?