The real risk-free rate is 1.75%. Inflation is expected to be 2.75% this year, 4.15% next year, and 2.6% thereafter. The maturity risk premium is estimated to be 0.05 x (t - 1)%, where t = number of years to maturity. What is the yield on a 7-year Treasury note? Do not round intermediate calculations. Round your answer to two decimal places. 4.94 % An investor in Treasury securities expects inflation to be 1.6% in Year 1, 2.2% in Year 2, and 3.05% each year thereafter. Assume that the real risk-free rate is 2.15% and that this rate will remain constant. Three-year Treasury securities yield 6.20%, while 5-year Treasury securities yield 7.00%. What is the difference in the maturity risk premiums (MRPs) on the two securities; that is, what is MRP5 - MRP3? Do not round intermediate calculations. Round your answer to two decimal places. %