Over the next three yeаrs, the expected pаth оf 1-yeаr interest rates is 4, 1, and 1 percent. Assume that yоu invest $1000 in a оne-year bond today and plan to reinvest in another one-year bond again when the current bond matures. The expectations theory of the term structure implies that your expected rate of return for buying a two-year bond today is ________%.