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Term (years) 1 2 3 Today's Rate 12.00% 12.20% 12.30% Based on the expectations hypothesis, what does the market expect the 2 year rate

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Term (years) 1 2 3 Today's Rate 12.00% 12.20% 12.30% Based on the expectations hypothesis, what does the market expect the 2 year rate in 1 year to be? @ 13.07% o 12.45% o 12.40% 12.50% o o 11.83%

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