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Consider the following $1,000 par value zero-coupon bonds: Bond A. Years until Maturity Yield to Maturity 5% 2 3 4 6.5 According to the expectations

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Consider the following $1,000 par value zero-coupon bonds: Bond A. Years until Maturity Yield to Maturity 5% 2 3 4 6.5 According to the expectations hypothesis, what is the market's expectation of the one-year interest rate three years from now? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Interest rate

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