Suppose we observe the following rates: ₁R₁ = 4.6%, ₁R₂ = 5.6%. If the unbiased expectations theory of the term structure of interest rates holds, what is the one-year interest rate expected one year from now, E(₂r₁)? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))