Question
A1-year Treasury bill currently offers a 4% rate of return. A2-year Treasury note offers a 4.5% rate of return. Under the expectationstheory, what rate of
A1-year Treasury bill currently offers a 4% rate of return. A2-year Treasury note offers a 4.5% rate of return. Under the expectationstheory, what rate of return do investors expect a1-year Treasury bill to pay nextyear
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