Question: Question 6 (of 6) 6. 16.20 points value: Problem 7-12 Calculating Real Rates of Return [LO4] Treasury bills are currently paying 5 percent and the

 Question 6 (of 6) 6. 16.20 points value: Problem 7-12 Calculating

Question 6 (of 6) 6. 16.20 points value: Problem 7-12 Calculating Real Rates of Return [LO4] Treasury bills are currently paying 5 percent and the inflation rate is 3.2 percent. What is the approximate real rate of interest? (Enter your answer as a percent rounded to places, e.g, 32.16.) Approximate real rate What is the exact real rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Exact real rate References eBook & Resources

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