Question 30 O pts The real risk-free rate of interest is 1.11% at the beginning of 2021. Inflation is expected to be 2.61% in 2021, jump to 4.00% in 2022, and run at 2.61% in 2023. A maturity risk premium is expected to be 0.14% per year to maturity, i.e., MRP = 0.14% (t) where t is the years to maturity. A liquidity premium on corporate bonds issued by small companies will continue to be 0.75%, regardless of their maturities. What should the interest rate on a 3-year Treasury security be at the beginning of 2021? Round your answer to two decimal places of percentage, but do not enter % in your answer, e.g., X.XX