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A one year Treasury bill offers a 6% YTM. The markets consensus forecast is that 1-year T-bills will offer 6.25% next year. What is the
A one year Treasury bill offers a 6% YTM. The markets consensus forecast is that 1-year T-bills will offer 6.25% next year. What is the current yield on a 2-year T-bill if the expectations hypothesis holds? Please explain so I can use findings for studying. thank you so much!
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