. Imagine the following situation: 3 year Treasury bonds yield 2.5% 8-year Treasury bonds yield 3.3% 3-year corporate bonds yield 3.6% The market expects inflation to average 1.5%/year over the next 3 years Assume there is no maturity risk premium The annual real risk-free rate will remain constant over the next 8 years. The default and liquidity premiums on the 8-year corporate bonds are the same as those on the 3-year corporate bond mentioned above. . . . . Given this, what is the yield on 8-year corporate bonds