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Consider the following spot interest rates for maturities of one, two, three, and four years. r 1 = 3 . 8 % r 2 =

Consider the following spot interest rates for maturities of one, two, three, and four years.
r1=3.8% r2=4.2% r3=4.9% r4=5.7%
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.

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