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Suppose that the current 1-year rate (1-year spot rate) and expected 1-year T-bill rates over the following three years (1.e., years 2,3 . and 4

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Suppose that the current 1-year rate (1-year spot rate) and expected 1-year T-bill rates over the following three years (1.e., years 2,3 . and 4 , respectively) are as follows: 1R1=4%,E(2r1)=5%,E(37)=5.60%,E(4F1)=5.95% Using the unbiased expectations theory, calculate the current (long-term) rates for one, two-, three-, and four-year-maturity Treasury securities. (Round your answers to 2 decimal places.)

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