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Business, 29.06.2019 04:20 alisonlebron15

Ai lun, a management trainee at a large new yorkminusbased bank, is trying to estimate the real rate of return expected by investors. he notes that the 3minusmonth tminusbill currently yields 3 percent , and consumer prices have been rising steadily at a 2% rate for several years. what should ai lun's estimate of the real rate be?

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