Use the data on Treasury securities in the following table to answer the question:

Date	1 year	2 year	3 year
03/05/2010	0.36%	0.94%	1.56%

Source: U.S. Department of the Treasury.

Assuming that the liquidity premium theory is correct, on March 5, 2010, what did investors expect the interest rate to be on the one-year Treasury bill two years from that date if the term premium on a two-year Treasury note was

0.03%

and the term premium on a three-year Treasury note was

0.07%?

The expected interest rate is

nothing%.

(Round your response to two decimal places.)