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 E(21) 0.35% 1.50% 2- 0.04% E(31) E(41) 1.60% 1.90% L3 0.08% L4 0.10% Using the liquidity premium theory, determine the current (long-term) rates. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Years Current (Long-term) Rates 1 2 3 % 4 % 4