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A one year Treasury bill offers a 4 . 8 % yield to maturity. The market's concensus forecast is that one year T - bills
A one year Treasury bill offers a yield to maturity. The market's concensus forecast is that one year Tbills will offer next year. What is the current yield on a year Tbill if the expectations hypothesis holds? Enter your answer as a percentage. Do not include the percentage sign in your answer.
Enter your response below. Enter your answer to DECIMAL PLACES.
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