The real risk-free rate is 2.5 percent. Inflation is expected to be 3 percent this year and 5 percent during the next 2 years. Assume that the maturity risk premium is zero. what is the yield on 2-year Treasury Securities?

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.