Suppose the real risk-free rate is 3.50% and the future rate of inflation is expected to be constant at 4.60%. What rate of return would you expect on a 1-year Treasury security, assuming the pure expectations theory is valid? (Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.) (Do not enter "%"in answer blank, just the answer in numerical form carried out 2 decimal spaces.) Suppose the rate of return on a 10-year T-bond is 4.05%, the expected average rate of inflation over the next 10 years is 2.0%, the MRP on a 10-year T-bond is 0.9%, no MRP is required on a TIPS, and no liquidity premium is required on any Treasury security. Given this information, what should the yield be on a 10-year TIPS? (Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.) (Round your final answer to 2 decimal places) Suppose the real risk-free rate is 3.50% and the future rate of inflation is expected to be constant at 4.20%. What rate of return would you expect on a 1-year Treasury security, assuming the pure expectations theory is valid? (Include cross product terms, i.e., if averaging is required, use the geometric average.) (Round your final answer to 2 decimal places.) (Do not enter "%"in answer blank, just the answer in numerical form carried out 2 decimal spaces.)