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Assume the expectation hypothesis regarding the term structure of interest rates is correct. Then, if the current one-year interest rate is 5% and the two-year

Assume the expectation hypothesis regarding the term structure of interest rates is correct. Then, if the current one-year interest rate is 5% and the two-year interest rate is 6%, then what is the expected future one-year rate? (Show all your calculation steps and round your answer to 2 digits)

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