You read in the Wall Street Journal that three-month Treasury bills currently yield 6.00 percent. Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums: inflation risk premium 2.75% Liquidity risk premium 1% Maturity risk premium 2% Default risk premium 2% Based on these data, the real risk-free rate of return must be (approximately): Your Answer: Answer nits