Problem 2-7 (LG 2-7) The current one-year T-bill rate is 48 percent and the expected one-year rate 12 months from now is 1.08 percent. According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Current rate