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A recent edition of the Wall Street Journal reported interest rates of 2.5%, 2.80%, 3.0%, and 3.25% for the three-year, four-year, five-year, and six-year Treasury

A recent edition of the Wall Street Journal reported interest rates of 2.5%, 2.80%, 3.0%, and 3.25% for the three-year, four-year, five-year, and six-year Treasury note yields, respectively, According to the unbiased expectation theory of the term structure of interest rates, what are the expected one-year rate during years 4 and 5?

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