Liquidity Premium Hyporhesis One$-$year Treasury bills currently earn $4\mathrm{.}50$ percent. You expect that one year from now, one$-$year Treasury bill rates will increase to $4\mathrm{.}65$ percent. The liquidity premium on two$-$year securities is $\mathrm{.}085$ percent. If the liquidity theory is correct, what should the current rate be on two$-$year Treasury securities$?$

Multiple Choice

$4\mathrm{.}6170\%$

$4\mathrm{.}5750\%$

$9\mathrm{.}2350\%$

$3\mathrm{.}0780\%$