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5. Problem 6.12 (Maturity Risk Premium) eBook An investor in Treasury securities expects inflation to be 2.5 % in Year 1, 3.1 % in Year

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5. Problem 6.12 (Maturity Risk Premium) eBook An investor in Treasury securities expects inflation to be 2.5 % in Year 1, 3.1 % in Year 2, and 4.25% each year thereafter. Assume that the real risk-free rate is 2.15 % and that this rate will remain constant. Three-year Treasury securities yield 6.80 %, while 5-year Treasury securities yield 8.25%. What is the difference in the maturity risk premiums (MRPS) on the two securities; that is, what is MRP5 MRP3? Do not round intermediate calculations. Round your answer to two decimal places

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