Business, 05.03.2020 19:19, allieballey0727

Treasury bills are currently paying 6 percent and the inflation rate is 3.4 percent. a. What is the approximate real rate of interest? (Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. What is the exact real rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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Treasury bills are currently paying 6 percent and the inflation rate is 3.4 percent. a. What is the...