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Assume the following rates are currently known by the yield curve Current 1-year Treasury Bill rate (_1R_1) = 8.3% Current 2-year Treasury Note rate (_1
Assume the following rates are currently known by the yield curve Current 1-year Treasury Bill rate (_1R_1) = 8.3% Current 2-year Treasury Note rate (_1 R_2) = 9.1 % Under the Unbiased Expectations Theory (UET) what must be the expected 1-year spot rate (_2 E_1) next year
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