21-4

4 You observe that the Inflation rate in the United States is 3.4 percent per year and that T- bills currently yleld 3.8 percent annually. What do you estimate the Inflation rate to be in Australia, if short-term Australian government securities yleld 4 percent per year? 10 points Australian inflation rate What do you estimate the Inflation rate to be in Canada, if short-term Canadian government securities yleld 6.5 percent per year? Canadian inflation rate What do you estimate the Inflation rate to be in Taiwan, if short-term Talwanese government securities yleld 10.5 percent per year? Taiwanese inflation rate