Problem 6-11 Liquidity Premium Theory (LG6-7) Based on economists' forecasts and analysis, 1-year Treasury bill rates and liquidity premiums for the next four years are expected to be as follows: Ri E(2r) E(31) E(41) - - - - 0.70% 1.85% 1.95% 2.25% L2 L3 L4 - - 0.05% 0.10% 0.12% Using the liquidity premium theory, determine the current (long-term) rates. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Years Current (Long- Term) Rates 1 2 3 o search OBI 9