Problem $6-6$ Unbiased Expectations Theory $($LG$6-7)$

One$-$year Treasury bills currently earn $1\mathrm{.}65$ percent. You expect that one year from now, $1-$year Treasury bill rates will increase to $1\mathrm{.}85$ percent. If the unbiased expectations theory is correct, what should the current rate be on $2-$year Treasury securities$?$

Note: Round your percentage answer to $2$ decimal ploces $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34).$