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Consider the following spot interest rates for maturities of one, two, three, and four years. r 1 = 5 . 4 % , r 2

Consider the following spot interest rates for maturities of one, two, three, and four years.
r1=5.4%,r2=5.9%,r3=6.6%,r4=7.4%
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?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.
\table[[f1,1,,%
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