The real rates are 1.8% per year every year. The expected inflation rate is 8% in the first year, 5% in the second year, and 3% in the third year. A Treasury bond with a 7% coupon pays coupon annually (not semiannually). Based on Slide \#26, what is the expected bond value? Keep the final answers in 2 decimal places, e.g., \$10.12. Show your work and highlight your final answers. The real rates are 1.8% per year every year. The expected inflation rate is 8% in the first year, 5% in the second year, and 3% in the third year. A Treasury bond with a 7% coupon pays coupon annually (not semiannually). Based on Slide \#26, what is the expected bond value? Keep the final answers in 2 decimal places, e.g., \$10.12. Show your work and highlight your final answers