Intro 1-year T-bills yield 4.5% and 2-year Treasury notes yield 8%. The real risk-free rate of interest is 2% and expected to stay constant, while the maturity risk premium is zero. Part 1 Attempt 1/6 for 5 pts. Using the expectations theory, what is the yield on a 1-year risk-free bond, one year from now? 3+ decimals Submit Part 2 Attempt 1/6 for 5 pts. What is the expected inflation rate in Year 1? 4+ decimals Submit Part 3 Attempt 1/6 for 5 pts. What is the expected inflation rate in Year 2