e. How do the expected interest rates compare with the actual interest rates in 2008? Do your calculations validatefnot validate the expectations theory? List some possible reasons why the expectations hypothesis may not hold. (Marks: 3] For questions 1' - 3, consider both Australian Government Bonds and NEW Treasury Bonds for the period January 2003 December 2009. E For 3. 5 and 10 year bonds what was the average spread between Australian Government Bonds and NEW Treasury bonds? (Marks: 1] g. Draw a graph plotting the spread between Australian Government Bonds and NEW Treasury Bonds. Comment on the pattern of the spread. Can you provide an expia nation for this pattern? (Marks: 3]