Please answer all questions using financial calculator and show steps how you solved it

QUESTION 8

Suppose 1-year T-bills currently yield 3.00% and the future inflation rate is expected to be constant at 2.10% per year. What is the real risk-free rate of return, r*? Disregard any cross-product terms, i.e., if averaging is required, use the arithmetic average.

QUESTION 10

Suppose the rate of return on a 10-year T-bond is 4.70%, the expected average rate of inflation over the next 10 years is 2.50%, the MRP on a 10-year T-bond is 1.25%, no MRP is required on a Treasury Inflation Protected Security (TIPS), and no liquidity premium is required on any Treasury security. Given this information, what should the yield be on a 10-year TIPS? Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.