The two-year interest rate is 12.4% and the expected annual inflation rate is 6.2%. a.What is the expected real interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. Expected real interest rate 5.83 % b-1. If the expected rate of inflation suddenly rises to 8.2%, what does Fisher's theory say about how the real interest rate will change? Real rate decreases Real rate increases Real rate does not change b-2. If the expected rate of inflation suddenly rises to 8.2%, what will be the new nominal rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) X Answer is complete but not entirely correct. Nominal rate 8.70 X %