$[$Related to Solved Problem $5\mathrm{.}2$b$]$ Use the data on Treasury securities in the following table to answer the question:

Source: U$.$S$.$ Department of the Treasury.

Assuming that the liquidity premium theory is correct, on March $5,2010,$ what did investors expect the interest rate to be on the one$-$year Treasury bill two years from that date if the term premium

on a two$-$year Treasury note was $0\mathrm{.}03\%$ and the term premium on a three$-$year Treasury note was $0\mathrm{.}07\%?$

The expected interest rate is

$\%.($Round your response to two decimal places.$)$