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QUESTION
Homework #3E (Perpetuity, EAR, RRR)
Homework #3E (Perpetuity, EAR, RRR)
Finance 330
Question 4
Assume that the inflation rate during the last year was 1.36 percent. US government
T-bills had the nominal rates of return of 4.04 percent.
What is the real rate of return for a T-bill?
Round the answer to two decimal places in percentage form.
(Write the percentage sign in the "units" box)
