Suppose the real risk-free rate of interest is =4 and it is expected to remain constant over time. Inflation is expected to be \2.00 per year for the next two years and \4.50 per year for the next three years. The maturity risk premium is \0.1times(t1), where \\( t \\) is number of years to maturity, a liquidity premium is \0.25, and the default risk premium for a corporate bond is \1.70. The average inflation during the first 3 years is What is the yield on a 3-year Treasury bond? \8.98 \7.03 \4.20 \6.83 What is the yield on a 3-year BBB-rated bond? \8.73 \8.98 \7.28 \7.03 If the yield on a 5-year Treasury bond is \7.90 and the yield on a 6 -year Treasury bond is \8.42, the expected inflation in 6 years is (Hint: Do not round intermediate calculations.)