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 = 0.85 %

E(2r1) = 2.00 %

L2 = 0.08 %

E(3r1) = 2.10 %

L3 = 0.10 %

E(4r1) = 2.40 %

L4 = 0.12 %

Using the liquidity premium theory, determine the current (long-term) rates. (Do not round intermediate calculations. Round your answers to 2 decimal places.)