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You observe that the inflation rate in the United States is 2.4 percent per year and that T-bills currently yield 2.9 percent annually. a. What do you estimate the inflation rate to be in Australia, if short-term Australian government securities yield 9 percent per year? (Round your answer to 1 decimal place. (e.g., 32.1)) Inflation rate % b. What do you estimate the inflation rate to be in Canada, if short-term Canadian government securities yield 12 percent per year? (Round your answer to 1 decimal place. (e.g., 32.1)) Inflation rate % c. What do you estimate the inflation rate to be in Taiwan, if short-term Taiwanese government securities yield 14 percent per year

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Financial Management, Finance

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