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The table below shows current and expected future​ one-year interest​ rates, as well as current interest...

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.

Year

​One-Year Bond

Rate

Multiyear Bond Rate

1

2.00%

2.00%

2

5.00%

5.00%

3

7.00%

7.00%

4

10.00%

10.00%

5

12.00%

12.00%

The liquidity premiums for each year are given​ as: ​(Enter your responses rounded to two decimal​ places.)

l11

equals=

%

l21

equals=

%

l31

equals=

%

l41

equals=

%

l51

equals=

%
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