The CFO of your firm has asked you for an approximate answer tothis question: Wh

The CFO of your firm has asked you for an approximate answer tothis question: What was the increase in real purchasing powerassociated with both 3-month Treasury bills and 30-year Treasurybonds? Assume that the current 3-month Treasury bill rate is 4.34percent the 30-year Treasury bond rate is 7.33 percent and theinflation rate is 2.78 percent. Also the chief financial officerwants a short explanation should the 3-month real rate turn out tobe less than the 30-year real rate