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A recent edition of The Wall Shreet Joumal reported interest rates of 2 . 2 5 percent, 2 . 6 0 percent, 2 . 9

A recent edition of The Wall Shreet Joumal reported interest rates of 2.25 percent, 2.60 percent, 2.98 percent, and 3.25 percent for 3.4.5. and 6 vear Treasury securty yields, respectively. According to the unbiased expectation theory of the temm structure of interest rates, what are the expected 1 year forward rates for years 4,5, and 6?
Noter bo not round mrermediate calculations. Round your percentage answers to 2 decimal places fie, 0.1234 should be entered as 12.34).
\table[[Years,Forward Rates],[4,%
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