1-Assume that interest rates for one-year securities are expected to be 2 percent today, 4 percent one year from now and 6 percent two years from now. Using only the pure expectations theory, what are the current interest rates on two-year and three-year securities? 2 -A corporation is planning to sell its 90 -day commercial paper to investors offering an 8.4 percent yield. If the three-month Treasury bill's annualized rate is 7 percent, the credit risk premium is estimated to be 0.6 percent and there is a 0.4 percent tax adjustment, what is the liquidity premium on the commercial paper