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1. (9 marks) The following table shows the yield to maturity (YTM) of various types of bonds on March 15, 2022. The YTM of a
1. (9 marks) The following table shows the yield to maturity (YTM) of various types of bonds on March 15, 2022. The YTM of a 3-month T-bill is 0.46%. a. What is the expected yield of a three-year Treasury two years from the date above according to the pure expectations theory
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