The current one-year spot rate is 4.2%. The market expects the one-year forward rate to be 3.8% one year from now, and 3.2% two years from now. According to the term structure formula, what should the current three-year spot rate be? Hint: (1+,Rn)=[(1+,R1)(1+t+1f1)(1+t+2f1)(1+t+n1f1)]n1