Suppose that on danuary 1, 2023, the price of a one year Treasury bil-with a...
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Suppose that on danuary 1, 2023, the price of a one year Treasury bil-with a face value of $1.000 - is 5916.46 . Investors expect that the intasion rate wa be 85 during 2023 , but at the end of the year the inflation rate turns out to have been 5 . The nominal viterest rate on the bat (insasured as the veld to matunty) is 6. (Rlound your retponse to tao decimw/ placess)
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