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You are considering an investment in 30 -year bonds issued by Moore Corporation. The bonds have no special covenants. The Wall Street Journal reports that

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You are considering an investment in 30 -year bonds issued by Moore Corporation. The bonds have no special covenants. The Wall Street Journal reports that 1 -year T-bills are currently earning 0.30 percent. Your broker has determined the following information abot conomic activity and Moore Corporation bonds: What is the inflation premium? What is the fair interest rate on Moore Corporation 30-year bonds? or all requirements, round your percentage answers to 2 decimal places. (e,9,32.16))

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