One-year T-bill rates are expected to increase steadily by 120 basis points per year over the next 6 years.
Determine the required interest rate on a 4-year T-bond and a 7-year T-bond if the current interest rate on
a 1-year T-bond is 1.4%. Assume the expectations hypothesis for interest rates holds.
4-year bond rate as a percentage to 2 decimal places			%
7-year bond rate as a percentage to 2 decimal places			%