The 5-year bond yield is currently 6%,10-year bond yield is 7% - and 20 -year bond yield is 8%. The inflation risk premium is 1% at the 5 -year horizon, 1.5% at the 10 -year horizon and 2% at the 20 -year horizon. The real interest rate under conditions of inflation certainty is 2% at the 5,10 and 20 year horizons. Which one of the following statements about the expected rate of inflation is CORRECT? Select one: a. It is the same on the 5year bond as on the 10year bond. b. It is lower on the 10-year bond than the 20-year bond. c. It is the same on the 5year bond as on the 20 year bond d. It is the higher on the 5year bond than on the 10 year bond. The 5-year bond yield is currently 6%,10-year bond yield is 7% - and 20 -year bond yield is 8%. The inflation risk premium is 1% at the 5 -year horizon, 1.5% at the 10 -year horizon and 2% at the 20 -year horizon. The real interest rate under conditions of inflation certainty is 2% at the 5,10 and 20 year horizons. Which one of the following statements about the expected rate of inflation is CORRECT? Select one: a. It is the same on the 5year bond as on the 10year bond. b. It is lower on the 10-year bond than the 20-year bond. c. It is the same on the 5year bond as on the 20 year bond d. It is the higher on the 5year bond than on the 10 year bond