One-year Treasury bills currently earn 2.10 percent. You expect that one year from now, 1-year Treasury bill rates will increase to 2.30 percent. If the unbiased expectations theory is correct, what should the current rate be on 2-year Treasury securities? (Round your answer to 2 decimal places.)

One-year Treasury bills currently earn 2.10 percent. You expect that one year from now, 1-year Treasury bill rates will increase to 2.30 percent. If the unbiased expectations theory is correct, what should the current rate be on 2-year Treasury securities? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Current Trate 0.02