Based on economists$$ forecasts and analysis, $1-$year Treasury bill rates and liquidity premiums for the next four years are expected to be as follows:

R$1=1\mathrm{.}20\%$

E$(2$r$1)=2\mathrm{.}35\%$ L$2=0\mathrm{.}09\%$

E$(3$r$1)=2\mathrm{.}45\%$ L$3=0\mathrm{.}12\%$

E$(4$r$1)=2\mathrm{.}75\%$ L$4=0\mathrm{.}14\%$

Using the liquidity premium theory, determine the current $($long$-$term$)$ rates.

Note: Do not round intermediate calculations. Round your percentage answers to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34).$