One-year treasury bill rates in 20xx averaged 5. 15 percent and inflation for the year was 7. 3 percent. If investors had expected the same inflation rate as that realized, calculate the real interest rate for 20xx according to the fisher effect.

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02-11-2022
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One-year treasury bill rates in 20xx averaged 5. 15 percent and inflation for the year was 7. 3 percent. If investors had expected the same inflation rate as that realized, calculate the real interest rate for 20xx according to the fisher effect.

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