One$-$year Treasury bills currently earn $2\mathrm{.}75$ percent. You expect that one year from now, $1-$year Treasury bill rates will increase to $3\mathrm{.}25$ percent and that two years from now, $1-$year Treasury bill rates will increase to $3\mathrm{.}65$ percent. If the unbiased expectations theory is correct, what should the current rate be on $3-$year Treasury securities$?($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

Answer is complete but not entirely correct.

$\backslash$table$[[$Current rate,$3\mathrm{.}12,\%$