Suppose that the current 1year rate (1 year spot rate) and expected 1 year T-bond rates over the following 3 years (i.e years 2,3,4 and 5 respectively ) are follows : 1R1=1.94 % E(2R1) =3.00% E(3r1)=3.74% E(4r1)=4.10% E(5r1) =4.86%.Additionally,investors change a liquidity premium on longer -term securities such that : L2=0.10% L3=0.20% L4=0.30% L5=0.32%.Based on the term structure of interest rates ,liquidity premium theory and pure expectations theory,what is the expected return on a treasury with a