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Based on economists' forecasts and analysis, 1 - year Treasury bill rates and liquidity premiums for the next four years are expected to be as

Based on economists' forecasts and analysis, 1-year Treasury bill rates and liquidity premiums for the next four years are expected to be as follows:
R1,=0.45%,
E(2r1),=1.60%,L2=0.06%
E(3r1),=1.70%,L3=0.12%
E(4r1),=2.00%,L4=0.14%
Using the liquidity premium theory, determine the current (long-term) rates. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
\table[[Years,\table[[Current (Long-term)],[Rates]],],[1,,%
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