The real rate of interest is $2\%$ and is expected

to remain constant for the next $3$ years.

Inflation is expected to be $3\%$ next year, $3\mathrm{.}5\%$

the following year, and $4\%$ the third year. The

maturity risk premium is estimated to be $0\mathrm{.}1*$

$(t-1)\%,$ where $t=$ number of years to

maturity. The liquidity premium on relevant $3-$

year securities is $0\mathrm{.}25\%,$ and the default risk

premium on relevant $3-$year securities is $0\mathrm{.}6\%.$

What is the yield on a $1-$year T$-$bill, a $3-$year

bond and a $3-$year corporate bond?