1) The expected real rate of interest is 4.6%, actual inflation over the last year was 6.3%, and expected inflation over the next year is 4.7%. What is the current level of nominal interest rates (in %) predicted by the Fisher equation? Round to 0.01%. E.g., if your answer is 3.145%, record it as 3.15.

2) The expected real rate of interest is 4.7%, actual inflation over the last year was -0.66%, and the nominal interest rate is currently 1.21%. According to the Fisher equation, what is the expected inflation (in %) over the next year, dPe? Round to 0.01%. E.g., if your answer is 3.145%, record it as 3.15.

3) You expect inflation over the next year to be 7.9%. Actual inflation over the last year was -2.33%, and the current nominal interest rate is 4.68%. What is your expected real rate of interest (in %)? Round to 0.01%. E.g., if your answer is 3.145%, record it as 3.15.

4) The 1-year spot interest rate is 5.36%, the 3-year forward rate expected 1 years from now has been estimated to be 4.86%. What is the other spot rate you need to know to find the forward rate given above using the pure expectations theory? Round to the nearest 0.01%. E.g., if your answer is 5.783%, record it as 5.78.

5) The 6-year spot interest rate is 5.2%, the 4-year spot rate is 3.67%. What is the forward rate you can find using the pure expectations theory? Round to the nearest 0.01%. E.g., if your answer is 5.78%, enter it as 5.78.

6) The 7-year spot interest rate (the longer of the spot rates, or the n-year rate) is 6.07% and the 3-year (k-year) forward rate expected (n - k) years from now has been estimated to be 6.39%. What is the other spot rate you need to know to find the forward rate given above using the pure expectations theory? Round to the nearest 0.01%. E.g., if your answer is 5.785%, record it as 5.79.