Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bond rates over the following three years (i.e. years 2, 3, 4, and 5 respectively) are as follows: 1R1 = 1.94% E(2r1) = 3.00% E(3r1) = 3.74% E(4r1) = 4.10% E(5r1) = 4.86% Additionally, investors charge 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 5-year maturity? For extra practice and understandingdraw your yield curve. I will Thumbs up