Wine and Roses, Inc. offers a 7.0 percent coupon bond with semiannual payments and a yield to maturity of 7.75 percent. The bonds mature in 14 years. What is the market price of a $1,000 face value bond? The outstanding bonds of Roy Thomas, Inc. provide a real rate of return of 2.8 percent. The current rate of inflation is 1.7 percent. What is the nominal rate of return on these bonds? Suppose the real rate is 4.0 percent and the inflation rate is 5.6 percent. What rate would you expect to see on a Treasury bill? (Round your answer to 2 decimal places. (e.g., 32.16)) Treasury bill rate %