The real risk-free rate is 4.00 percent. Inflation is expected to be 1.00 percent this year, 4.00 percent next year, and then 7.50 percent thereafter. The maturity risk premium is estimated to be 0.06 percent * (t - 1), where t is the number of years to maturity. What (approximately) is the nominal interest rate on a 7-year Treasury security? Your Answer: Answer units Previous Page Next Page Page 14 of 25