Question: Problem 6-9 Calculating Real Rates of Return [LO 4] If Treasury bills are currently paying 6.15 percent and the inflation rate is 2 percent,

Problem 6-9 Calculating Real Rates of Return [LO 4] If Treasury bills are currently paying 6.15 percent and the inflation rate is 2 percent, what is the approximate and the exact real rate of interest? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Approximate real rate Exact real rate % %

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