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Business, 17.07.2019 05:10 4804344130

Arecent edition of the wall street journal reported interest rates of 6 percent, 6.35 percent, 6.65 percent, and 6.75 percent for three- year, four- year, five- year, and six-year treasury notes, respectively. according to the unbiased expectations theory, what are the expected one- year rates for years 4, 5, and 6 (i. e., what are 4f1, 5f1, and 6f1)?

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