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r 1 = 6.5% r 2 = 7.0% r 3 = 7.7% r 4 = 8.5% Assuming a constant real interest ra

ID: 2779422 • Letter: R

Question

           r1 = 6.5%    r2 = 7.0%     r3 = 7.7%     r4 = 8.5%

Assuming a constant real interest rate of 2 percent, what are the approximate expected inflation rates for the next four years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Consider the following spot interest rates for maturities of one, two, three, and four years.

           r1 = 6.5%    r2 = 7.0%     r3 = 7.7%     r4 = 8.5%

Assuming a constant real interest rate of 2 percent, what are the approximate expected inflation rates for the next four years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Explanation / Answer

Year Nominal Rate Real rate Approx Inflation Rate =Nominal - real                          1.00 6.50% 2% 4.50%                          2.00 7% 2% 5.00%                          3.00 7.70% 2% 5.70%                          4.00 8.50% 2% 6.50%