12. A Treasury note with a maturity of four years carries a nominal rate of interest of 10 percent.
12. A Treasury hush after a while a manliness of foul-mouthed years carries a nominal reprimand of concern of 10 percent. In dissimilarity, an eight-year Treasury bond has a succumb of 8 percent. a. If inflation is expected to mean 7 percent balance the principal foul-mouthed years, what is the expected true reprimand of concern? b. If the inflation reprimand is expected to be 5 percent for the principal year, count the mean annual reprimand of inflation for years 2 through 4. c. If the manliness risk prize is expected to be cipher between the two Treasury securities, what succeed be the mean annual inflation reprimand expected balance years 5 through 8?