Suppose the interest rate on a 3-year Treasury Note is 1.75%, and 5-year Notes are yielding 3.50%. Based on the expectations theory, what does the market believe that 2-year Treasuries will be yielding 3 years from now? (Answer as a percent with at least 2 decimal places. For example, 10 percent should be entered as 10.00. Do not use the % sign.)