Can someone explain as simple as possible thank you

Question 3 O out of 10 points Last year, if the real rate was 11.54% and the nominal rate was 15.83%, what was inflation?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55) Selected Answer: 3.94 Correct Answer: 3.85 Answer range +/- 0.0077 (3.8423 -3.8577) Question 4 O out of 10 points Over the past year (from 1 year ago to today), the inflation rate was 3.22%, the risk-free rate was 5.49%, and the real rate of return for a bond was 4.06%. The bond was priced at $935.00 one year ago and $995.00 two years ago, pays annual coupons of $74.00, and just made a coupon payment. What is the price of the bond today?(round the value to 100th decimal) Selected Answer: 952.35 Correct Answer: 930.29 Answer range +/- 1.86058 (928.42942 - 932.15058 )