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 = 0.40% E(271) 1.55% 1.65% E(371) = E(471) = 1.95% 42- 0.05% L3 = 0.10% L4 - 0.12% Years 1 2 3 4 M 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., 0.1234 should be entered as 12.34). Current (Long-term) Rates % % % %

Based on economists' forecasts and anabsis, 1year Treasury bill rates and bquidity premiums for the next four years are expeeted to be as follows Using the liquidity premium theory, determine the current (fonosterm) rates. Note: Do not round intermediote calculotions. Round your percentoge answers to 2 decimal pleces (i.e, 0.1234 should be enterec os 12.34)