Treasury bills are currently paying 9 percent and the inflation rate is 3.1 percent.
What is the approximate real rate of interest?
(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Approximate real rate %
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.) Exact real rate %