You are considering an investment in 20 -year bonds issued by Moore Corporation. The bonds have no special covenants. The Wall Street Journal r J orts that 1-year T-bills are currently earning 040 percent. Your broker has determined the following informaton about economic activity and Moore Corporation bonds a. What is the inflation premium? b. What is the fair interest rate on Moore Corporation 20-year bonds? (For all requirements, round your percentage answers to 2 decimal places. (e.9., 32.16))