eBook Due to a recession, expected Inflation this year is only 2.75%. However, the Inflation rate In Year 2 and thereafter is expected to be constant at some level above 2.75%. Assume that the expectations theory holds and the real risk-free rate(r) 3.25%. If the yield on 3-year Treasury bonds equals the 1-year yield plus 3.25%, what inflation rate is expected after Year 17 Round your answer to two decimal places