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:

$R_1,=0\mathrm{.}85\%,$

$E{(}_2{r}_1),=2\mathrm{.}00\%,L_2=0\mathrm{.}08\%$

$E{(}^r{r}_1),=2\mathrm{.}10\%,L_3=0\mathrm{.}10\%$

$E{(}^r{r}_1),=2\mathrm{.}40\%,L_4=0\mathrm{.}12\%$

Using the liquidity premium theory, determine the current $($long$-$term$)$ rates.

Note: Do not round intermediate calculations. Round your percentage answers to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be entered

as $12\mathrm{.}34).$