Based on economists' forecasts and analysis, one-year Treasury bill rates and liquidity premiums for the next four years are expected to be as follows:

R1	=	5.49	%
E(2r1)	=	7.38	%	L2	=	.05	%
E(3r1)	=	7.48	%	L3	=	.19	%
E(4r1)	=	9.29	%	L4	=	.21	%

Using the liquidity premium hypothesis, calculate the current yield for each of the first four years.(Round your answers to 3 decimal places. Omit the "%" sign in your response.)

	Current yield
Year 1	%
Year 2	%
Year 3	%
Year 4	%