[Related to Solved Problem 5.2b] Use the data on Treasury securities in the following table to answer the question: 1 year 2 year 3 year Date 03/05/2010 Source: U.S. Department of the Treasury. 0.4% 0.93% 1.6% Assuming that the liquidity premium theory is correct, on March 5, 2010, what did investors expect the interest rate to be on the one-year Treasury bill two years from that date if the term premium on a two-year Treasury note was 0.02% and the term premium on a three-year Treasury note was 0.07%? The expected interest rate is %. (Round your response to two decimal places.)