Question $4$

The table below shows current and expected future one$-$year interest rates, as well as current interest rates on multiyear bonds. Use the table to calculate the liquidity premium for each multiyear bond.

$\backslash$table$[[$Year$,\backslash$table$[[$One$-$Year Bond$],[$Rate$]],$Multiyear Bond Rate$],[1,2\mathrm{.}00\%,2\mathrm{.}00\%$