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Assume that interest rates for one - year securities are expected to be 2 . 6 % today, 4 % one year from now, and

Assume that interest rates for one-year securities are expected to be 2.6% today, 4% one year from now, and 7.3% two years from now. Using only this information and pure expectations theory, what are the current interest rates on two-year and three-year securities implied by these figures?

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