Today, you observed the following information in the bond-related market. All the rates are annualised. i_T is the current interest rate for a T-year bond, i^e_1,t is the expected interest rate (of a 1-year bond) invested at time t.

	Interest Rate			Future Expected Interest Rate
i1	5.23%		ie1,0	(Missing 3)
i2	(Missing 1)		ie1,1	4.62%
i3	(Missing 2)		ie1,2	4.61%

Using the Expectations Theory, fill the three missing spaces in the above table with detailed steps and then briefly comment on your results. The question involves annual compounding