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6-8 Term structure A 2-year Treasury bond currently offers a 6% rate of return. A 3-vear Treasury bond offers a 7% rate of return. Under

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6-8 Term structure A 2-year Treasury bond currently offers a 6% rate of return. A 3-vear Treasury bond offers a 7% rate of return. Under the expectations theory, what rate of return do investors expect a 2-year Treasury bond to pay during the third year

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