Given the Term Structure below:
1 year = 3.4%
2 years = 4.3%
3 years = 5.4%
4 years = 6.6%
5 years = 7.5%
Based on the expectations hypothesis, what does the market expect the 1 year rate in 4 year to be?
Enter your answer as a percentage, without the percentage sign ('%'), and rounded to 1 decimal. Example: if your answer is 0.12345, that's equivalent to 12.3%, so enter 12.3
