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eBook Interest rates on 4-year Treasury securities are currently 6.8%, while 6-year Treasury securities yield 7,85%. If the pure expectations theory is correct, what
eBook Interest rates on 4-year Treasury securities are currently 6.8%, while 6-year Treasury securities yield 7,85%. If the pure expectations theory is correct, what does the market believe that 2-year securities will be yielding 4 years from now? Calculate the yield using a geometric average. Do not round intermediate calculations. Round your answer to two decimal places.
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
