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c) 10% d) 22.8% 7) If the one- and two-year U.S. Treasury notes have yields to maturity of 3% and 4%, respectively, then the

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c) 10% d) 22.8% 7) If the one- and two-year U.S. Treasury notes have yields to maturity of 3% and 4%, respectively, then the expected future or forward interest rate between the end of year 1 and the end of year 2 is a) 1.00%

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