4. (2 Points) The annual interest rate on a one-year loan is 8.2% and the annual interest rate on a three-year loan is 6.9%. Assume that investors expect the interest rate on a one-year loan to be 5.5% two years from today (this rate is for one-year loans during year 3). A. What is the exact interest rate (two decimal places) on a two-year loan today? (Hint: This is a two-step calculation. You must first calculate the one-year interest rate, one-year from today). B. What is the shape of the yield curve today? Identify one economic reason (hopefully linked back to the book) that could explain this yield curve shape. 4. (2 Points) The annual interest rate on a one-year loan is 8.2% and the annual interest rate on a three-year loan is 6.9%. Assume that investors expect the interest rate on a one-year loan to be 5.5% two years from today (this rate is for one-year loans during year 3). A. What is the exact interest rate (two decimal places) on a two-year loan today? (Hint: This is a two-step calculation. You must first calculate the one-year interest rate, one-year from today). B. What is the shape of the yield curve today? Identify one economic reason (hopefully linked back to the book) that could explain this yield curve shape