Problem 2-2 (LG 2-6) You are considering an investment in 20-year bonds issued by Moore Corporation. The bonds have no special covenants. The Wall Street Journal reports that 1-year T-bills are currently earning 6.30 percent. Your broker hos determined the following information about economic activity and Moore Corporation bonds: Real risk-free rate = 0.210 Default risk premium 1.158 Liquidity risk premium -0.800 Maturity riak promian -0.750 a. What is the inflation premium? b. What is the fair interest rate on Moore Corporation 20-year bonds? (For all requirements, round your percentage answers to decimal places. (0.9., 32.16) a. Inflation premium b. Fair interest rate % %