Suppose that the current 1-year rate (1-year spot rate) and expected 1-year T-bill rates over the following three years (i.e., years 2, 3, and 4, respectively) are as follows: 1R1 = 3.06%, E(271) = 4.45%, E(381) = 4.95%, E(471) = 6.45% Using the unbiased expectations theory, calculate the current (long-term) rates for one-, two-, three-, and four- year-maturity Treasury securities. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Years Current (Long-term) Rates % 1 2 % 3 % 4 %