An investment offers a total return of 12 percent over the coming year. Joe Schwab thinks the total real return on this investment will be only 6.9 percent. What does Joe believe the inflation rate will be over the next year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Inflation rate % Which one of the following statements is true? Multiple Choice The yield to maturity on a premium bond exceeds the bond's coupon rate: A discount bond has a coupon rate that is less than the bond's yield to maturity The current yield on a par value bond will exceed the bond's yield to maturity A premium bond has a current yleld that exceeds the bond's coupon rate The current yield on a premium bond is equal to the bond's coupon rate