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Show transcribed image text You observe that the inflation rate in the United States is 1.9 percent per year and that T-bills currently yield 2.4 percent annually. a. What do you estimate the inflation rate to be in Australia. if short-term Australian government securities yield 4 percent per year? (Do not round intermediate calculations. Enter your answer as a percent rounded to I decimal place (e.g., 32.1).) Inflation rate b. What do you estimate the inflation rate to be in Canada. if short-term Canadian government securities yield 7 percent per year? (Do not round intermediate calculations. Enter your answer as a percent rounded to I decimal place (e.g., 32.1).) Inflation rate , % c. What do you estimate the inflation rate to be in Taiwan. if short-term Taiwanese government securities yield 9 percent per year? (Do not round intermediate calculations. Enter your answer as a percent rounded to I decimal place (e.g., 32.1).)
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