Question $4$

$1$ pts

Treasury bills are currently paying $8\mathrm{.}1\%$ and the inflation rate is $5\mathrm{.}1\%.$ What is the exact real rate? $($Round your final answer to two decimal places and express in percentage form; i$.$e$.,x.\%.)$

Question $5$

$1$ pts

An investment offers a$($n$)9\mathrm{.}6\%$ total return over the coming year. Bill Bernanke thinks the total real return on this investment will be only $7\mathrm{.}1\%.$ What does Bill believe the exact inflation rate will be over the next year? $($Round your final answer to two decimal places and express in percentage form; i$.$e$.,x.x\%.)$