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(271) 1.60% E(371) = 1.70% E(471) = 2.00% Years 1 = Using the liquidity premium theory, determine the current (long-term) rates. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 234 L2= 0.06% L3= 0.12% L4= 0.14% Current (Long-term) Rates % % % %

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