Analysts have forecasted short-term, one-year interest rates over the next 4 years to be 2.5%, 8%, 11%, and 5.5%, respectively. According to expectations theory, the yield on a discount bond with a three year maturity should be ____ and yield on bond with a four year maturity should be ____.

7.17%; 6.75

7.17%; 6.45%

7.35%; 6.75%

7.35%; 6.45%