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Consider these long-term investment data: - The price of a 10-year $100 par value zero-coupon inflation-indexed bond is $81.74. - A real-estate property is expected

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Consider these long-term investment data: - The price of a 10-year $100 par value zero-coupon inflation-indexed bond is $81.74. - A real-estate property is expected to yleld 2% per quarter (nominal) with a SD of the (effective) quarterly rate of 10%. Compute the annual rate on the real (le., inflation-indexed) bond. Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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