The Wall Street Journal reports that the rate on 6-year Treasury securities is 1.90 percent and the rate on 7-year Treasury securities is 2.45 percent. According to the unbiased expectations theories, what does the market expect the 1-year Treasury rate to be six years from today, E(7)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Treasury rate %

The Woll Street Joumal reports that the rate on 6 -year Treasury securities is 1,90 percent and the rate on 7 -year Treasury securities is. 2.45 percent. According to the unblased expectations theories, whot does the market expect the f-year Treasury rote to be six years. from today, 2(r1) ? (Do not round intermediate calculations, Round your answer to 2 decimal places.)