Question: Problem 2 - 1 3 ( LG 2 - 7 ) A recent edition of The Wall Street Journal reported interest rates of 3 .

Problem 2-13(LG 2-7)
A recent edition of The Wall Street Journal reported interest rates of 3.85 percent, 4.20 percent, 4.58 percent, and 4.85 percent for three-year, four-year, five-year, and six-year Treasury notes, respectively. According to the unbiased expectations theory of the term structure of interest rates, what are the expected one-year rates during years 4,5, and 6?(Do not round intermediate calculations. Round your percentage answers to 2 decimal places. (e.g.,32.16))
\table[[,\table[[Expected],[One-Year Rates]]],[Year 4,%
 Problem 2-13(LG 2-7) A recent edition of The Wall Street Journal

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