P6-8 (similar to) Question Help Term Structure A 1-year Treasury bill currently offers a 6% rate of return. A 2-year Treasury note offers a 6.5% rate of return. Under the expectations theory, what rate of return do investors expect a 1-year Treasury bill to pay next year? The rate of return investors expect a 1-year Treasury bill to pay next year is %. (Round to two decimal places.)