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=5 percent, E(2r1)=5.5 percent, E(3r1)=7.5 percent E(4r1)=6.75 percent Using expectations theory, calculate the current (long-term) rates for one-, two-, three-, and fouryear-maturity Treasury securities. Note that xxy is the interest rate that applies from time x for y periods, and x=1 is the present. 5.00 percent; 5.50 percent; 6.10 percent; 6.23 percent 5.00 percent; 5.25 percent 5.99 percent; 6.18 percent 5.00 percent; 5.5 percent; 6.16 percent; 6.33 percent 5.00 percent: 5.25 percent: 6.16 percent; 6.49 percent