2.The real risk-free rate is 3.05%, inflation is expected to
be 2.60% this year, and the maturity risk premium is zero. Ignoring any cross-product terms, what is the
equilibrium rate of return on a 1-year Treasury bond?

3.Adams Enterprisesâ€™ noncallable bonds currently sell for
$1,030. They have a 15-year maturity, an
annual coupon of $85, and a par value of $1,000. What is their yield to maturity?