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Aslurne the expectaosins hypethessis regurding the term structure of interest rases is conect if the current one-year interest rate is Jx and the one-yesr-ahead evpected

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Aslurne the expectaosins hypethessis regurding the term structure of interest rases is conect if the current one-year interest rate is Jx and the one-yesr-ahead evpected one-year interest fole is 5 sk then the current two-yeac niterest inte should be ins. \%s

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