Suppose that the current 1-year rate (1-year spot rate) andexpected 1-year T-bill rates over the following three years (.,years 2, 3, and 4, respectively) are as follows: 1 R 1 =3.18\%;E(2r 1 )=4.6 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: \[ { }_{1} R_{1}=3.18 \% 2 answers