A one$-$year and two$-$year bonds currently pays $5\%$ and $4\mathrm{.}2\%,$ respectively. What is the expected interest rate on a one$-$year bond next year according to the liquidity premium theory if the two$-$year term premium is $0\mathrm{.}4\%?$

$5\%$

$2\mathrm{.}2\%$

$3\%$

$2\mathrm{.}6\%$