The expected rate of inflation is constant, and a highly liquid market does not exist for T-bonds (Treasury bonds). Additional information is shown below: r*, real risk-free rate = 5% Constant inflation premium = 7% Maturity risk premium = 2% Default risk premium for AAA bonds = 2% Liquidity premium for long-term T-bonds = 1% Based on the information above, the nominal risk-free rate for T-bills (Treasury bills) is _____ and the rate for long-term Treasury bonds is _____. 5%; 16% None of the answers shown is correct. 12%: 15% 5%: 15% 11%: 14%