26. Suppose the U.S. T-bills is 4.62% annually and the U.S. inflation rate is 3.64% annually. If the shor-term Australian government securities is 4.80% per year, what is the inflation rate in Australia. Please use the approximate (not exact form) international Fisher effect for this question ?(Format your answer as a percent , rounded to two decimal place, enter without % sign, e.g., 12.54)