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 one year T-bills are currently earning 1.25 percent. Your broker has determined the following information about economic activity and Moore Corporation bonds: Real risk-free rate=7.5%; Default risk premium= 1.15%; Liquidity risk premium=1.75%; Maturity risk premium=1.75%. A. What is the inflation premium? B. What is the fair interest rate on Moore corporation 30 year bonds?