Assume the current interest rate on a one-year Treasury bond (1R1) is 210 percent, the current rate on a two-year Treasury bond (R2) is 2.26 percent, and the current rate on a three-year Treasury bond (1R3) is 2.37 percent. If the unbiased expectations theory of the term structure of interest rates is correct, what is the one-year interest rate expected on Treasury bills during year 3 (E(371) or 3f1)? (Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g., 32.16)) One-year interest rate expected during year 3 %