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I'm not sure if T-bill return can be used here as a 'nominal risk free return' - it would be ok if we had T-bonds, but T-bills include only short term, but not long term inflation premium.

anish: would be great if you could post here any reply you get from CFAI - i'm really curious to get to the truth;)



Edited 2 time(s). Last edit at Wednesday, May 18, 2011 at 10:56AM by Beatnik.

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