The rate of inflation for the next 12 months (Year 1) is expected to be 1.4 percent; it is expected to be 1.8 percent the following year (Year 2); and it is expected to be 2.0 percent every year after Year 2. Assume the real risk-free rate, , is 3 percent for all maturities. What should be the yield to maturity on risk-free bonds that mature in

(a)

one year,

(b)

five years, and

(c)

10 years.