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13 Suppose the expectations hypothesis is true. The current rate of return on a one-year bond is 3%, and the current rate of return on

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13 Suppose the expectations hypothesis is true. The current rate of return on a one-year bond is 3%, and the current rate of return on a 2-year bond is 2.5%, what is the expected rate of return next year on a one-year bond? 2% 0.5% 1. 5%

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