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Consider the following spot interest rates for maturities of one, two, three, and four years. r 1 = 6 . 3 % , r 2

Consider the following spot interest rates for maturities of one, two, three, and four years.
r1=6.3%,r2=6.7%,r3=7.4%,r4=8.2%
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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