The two-year interest rate is 13.0% and the expected annual inflation rate is 6.5% a.What is the expected real interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expocted real interest rato b-1. If the expected rate of inflation suddenly rises to 8.5%, what does Fisher's theory say about how the real interest rate will change? Real rate does not change Real rate increases Real rate decreases b-2. If the expected rate of inflation suddenly rises to 8.5%. what will be the new nominal rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)