2. Problem 6.03 (Expected Interest Rate) The real risk-free rate is 2.00%. Inflation is expected to be 2.50% this year and 5.00% during the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 2-year Treasury securities? Do not round intermediate calculations. Round your answer to two decimal places. What is the yield on 3-year Treasury securities? Do not round intermediate calculations. Round your answer to two decimal places. 3. Problem 5.14 (Future Value of an Annuity) Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $900 per year for 16 years at 16%. $ b. $450 per year for 8 years at 8%. $ c. $700 per year for 8 years at 0%. $ d. Rework parts a, b, and c assuming they are annuities due. Future value of $900 per year for 16 years at 16%:$ Future value of $450 per year for 8 years at 8%:$ Future value of $700 per year for 8 years at 0%:$ 5. Problem 6.09 (Expected Interest Rate) The real risk-free rate is 2.65%. Inflation is expected to be 3.65% this year, 5.15% next year, and 2.3% thereafter. The maturity risk premium is estimated to be 0.05(t1 ) %, where t= number of years to maturity. What is the yield on a 7 -year Treasury note? Do not round intermediate calculations. Round your answer to two decimal places Continue without saving