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Assume that the Pure Expectation Theory determines interest rates in the markets. Today's market rates for different maturities are as follows: 1 year = 3
Assume that the Pure Expectation Theory determines interest rates in the markets. Today's market rates for different maturities are as follows:
year
years
years
years
years
What is the implied year interest rate for investing in years?
Enter your answer as a percentage, without the percentage sign and rounded to decimal. For example, if your answer is this is equivalent to so just enter
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