A one year zero coupon treasury bond yields $3\mathrm{.}24\%$ and a two year zero coupon treasury yields $4\mathrm{.}18\%.$ What is the expected $1$ year interest rate $1$ year from now, assuming no$-$arbitrage pricing and no liquidity premium?

Enter answer in percents to $2$ decimal places. For example, enter $14\mathrm{.}15$ for $14\mathrm{.}15\%.$