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A two-year Treasury bill offers a 5.2% yield to maturity. The markets concensus forecast is that one-year T-bills will offer 6.2% next year. What is

A two-year Treasury bill offers a 5.2% yield to maturity. The markets concensus forecast is that one-year T-bills will offer 6.2% next year. What is the current yield on a 1-year T-bill if the expectations hypothesis holds? Enter your answer as a percentage.

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