nent: Module 3 Homework Assignment Score: 15.00% Save Submit Assignment for Grading Problem 6.07 (Expectations Theory) Question 4 of 20 Check My Work (3 remaining) eBook One-year Treasury securities yield 2.95%. The market anticipates that 1 year from now, 1-year Treasury securities will yield 3.8%. If the pure expectations theory is correct, what is the yield today for 2-year Treasury securities? Calculate the yield using a geometric average. Do not round intermediate calculations. Round your answer to two decimal places. Check My Work (3 remaining)