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A one year Treasury bill offers a 7.9% yield to maturity. The market's concensus forecast is that one year T-bills will offer 8.1% next year.
A one year Treasury bill offers a 7.9% yield to maturity. The market's concensus forecast is that one year T-bills will offer 8.1% next year. What is the current yield on a 2 year T-bill 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 2 DECIMAL PLACES. % Step by Step Solution
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The Handbook Of The Political Economy Of Financial Crises
Authors: Martin H. Wolfson, Gerald A. Epstein
1st Edition
0199757232, 978-0199757237
