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A one - year Treasury bill offers a 6 . 1 % yield to maturity. A two - year Treasury bill offers a 6 .

A one-year Treasury bill offers a 6.1% yield to maturity. A two-year Treasury bill offers a 6.6% yield to maturity. What is the expected 2 year forward rate if the expectation 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 2 DECIMAL PLACES.

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