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2. (a) The current one-year Treasury bill rate is 5.2 percent and the ex- pected one-year rate 12 months from now is 5.8 percent. What

2. (a) The current one-year Treasury bill rate is 5.2 percent and the ex- pected one-year rate 12 months from now is 5.8 percent. What should be the current rate for a two-year Treasury security? ...

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