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Deriving Current Inzerest Rates. Assume that interest rates for one - year securities are expected to be 5 percent today, 6 percent one year from
Deriving Current Inzerest Rates. Assume that interest rates for oneyear securities are expected to be percent today, percent one year from now and percent two years from now. Using only the pure expectations theory, what are the current interest rates on twoyear and threeyear securities
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