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The Wall Street Journal reports that the current rate on 5 - year Treasury bonds is 2 . 7 0 percent and on 1 0

The Wall Street Journal reports that the current rate on 5-year Treasury bonds is 2.70 percent and on 10-year Treasury bonds is 5.05 percent. Assume that the maturity risk premium is zero. Calculate the expected rate on a 5-year Treasury bond purchased five years from today, E(5r5).
Note: Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e.,0.1234 should be entered as 12.34).

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