Suppose we observe the following rates:

(_(1))/(b)ar (R)_(1)=5.4%,_(1)R_(2)=7.9%

. 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(2^(r))^(2)

? (Do not round intermediate calculations. Round your percentage answer to

2\\\\deg

decimal places. (e.g., 32.16))\ Expected one-year interest rate

Suppose we observe the following rate's: 11R1=5.4%,1R2=7.9%. If the unblased 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 percentage answer to 2 decimal places. (e.g., 32.16 ))