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6. A recent 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,

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6. A recent 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 sixyear 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 of f1

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