Question $1(1$ point$)$

Suppose the interest rate on $5-$year TIPS is $2\%$ while the interest rate on standard $5-$year

nominal bonds is $6\%.$

The interest rate on $10-$year TIPS is $2\%$ while the interest rate on $10-$year nominal bonds

is $x\%.$

Bond investors expect a $3\%$ average inflation between $2029$ and $2034.$

What is $x?[$answer with one decimal, without the $\%$ sign, for instance $1\mathrm{.}2]$