Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bill rates over the following three years (i.e., years 2, 3, and 4, respectively) are as follows: ₁R₁ = 6%, E(₂r₁) = 7%, E(₃r₁) = 7.5%, E(₄r₁) = 7.85% Using the unbiased expectations theory, calculate the current (long-term) rates for one-, two-, three-, and four-year-maturity Treasury securities. (Round your percentage answers to 2 decimal places. (e.g., 32.16))

	Current (Long-Term) Rates
One-year		%
Two-year		%
Three-year		%
Four-year		%