Current interest rate on a 4 year T-bond (1R4)	5.0%
Expected interest rate on a 1 year T-bond 1 year from today (2f1)	2.0 %
Expected interest rate on a 1 year T-bond 2 years from today (3f1)	3.25%
Expected interest rate on a 1 year T-bond 3 years from today (4f1)	4.00%

Required Liquidity Risk Premium:

1-year bond (l1)	0%
2-year bond (l2)	0.10%
3-year bond (l3)	0.25%
4-year bond (l4)	0.30%

Using the Liquidity Risk premium theory.

What is the current 2-year rate (₁R₂)? [use geometric average] (please show all steps)