Suppose the interest rate on a 10-year T-bond is 1.738% and that on a 20 -year T-bond is 2.238%. Assuming the pure expectations theory is correct, what is the market's forecast for 10 -year rates, 10 years from now? Round the intermediate calculations to 4 decimal places and final answer to 2 decimal places. \begin{tabular}{|r|} \hline 0.50% \\ \hline 2.74% \\ \hline 6.9996 \\ \hline 1.99% \\ \hline 3.10% \\ \hline \end{tabular}