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The Wall Street Journal reports that the rate on four - year Treasury securities is 1 . 1 percent and the rate on five -

The Wall Street Journal reports that the rate on four-year Treasury securities is 1.1 percent and the rate on five-year Treasury securities is 2.2 percent. According to the unbiased expectations theory, what does the market expect the one-year Treasury rate to be four years from today, E(5r1)?(Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g.,32.16))
Expected one-year Treasury rate
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