. Assume that the current interest rate on a 1-year bond is 8 percent, the current rate...

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. Assume that the current interest rate on a 1-year bond is 8 percent, the current rate on a 2-year bond is 10 percent, and the current rate on a 3-year bond is 12 percent. If the expectations theor...

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. Assume that the current interest rate on a 1-year bond is 8 percent, the current rate...

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