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Consider the following $1,000 par value zero coupon bonds. According to the expectations hypothesis, what is the market's expectation of the two-year interest rate two
Consider the following $1,000 par value zero coupon bonds. According to the expectations hypothesis, what is the market's expectation of the two-year interest rate two years from now? Years Yield to Maturity Bond Maturity 9% 10% 119 D 12% 11.01% 10.00%
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