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A one year Treasury bill offers a 7.2% yield to maturity. The market's concensus forecast is that one year T-bills will offer 6.2% next
A one year Treasury bill offers a 7.2% yield to maturity. The market's concensus forecast is that one year T-bills will offer 6.2% next year. What is the current yield on a 2 year T-bill it 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 2 DECIMAL PLACES Number %
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
