P$6-8($p$.285)$ Term structure A $1-$year Treasury bill currently offers a $5\%$ rate of return. A $2-$year Treasury note offers a $5\mathrm{.}5\%$ rate of return. Under the expectations theory, what rate of return do investors expect a $1-$year Treasury bill to pay next year? $($Reference: Example $6\mathrm{.}2,$ p$.254)$