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Consider the following spot interest rates for maturities of one, two, three, and four years. r 1 = 5 . 2 % , r 2

Consider the following spot interest rates for maturities of one, two, three, and four years.
r1=5.2%,r2=5.6%,r3=6.3%,r4=7.1%
What are the following forward rates, where f1,k refers to a forward rate for the period beginning in one year and extending for k
years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
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