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Consider the following $1,000 par value zero-coupon bonds: Bond A B Years to Maturity 1 2 3 YTM(%) 5.6% 6.6 7.1 7.6 D 4 According
Consider the following $1,000 par value zero-coupon bonds: Bond A B Years to Maturity 1 2 3 YTM(%) 5.6% 6.6 7.1 7.6 D 4 According to the expectations hypothesis, what is the expected 1-year interest rate 3 years from now? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.) Interest rate %
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