Consider the following spot interest rates for maturities of one, two, three, and four years.

r₁ = 3.9% r₂ = 4.5% r₃ = 5.2% r₄ = 6.0%

What are the following forward rates, where f_k,1 refers to a forward rate beginning in k years and extending for 1 year? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

f2,1:

f3,1