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If the pure expectations theory holds, what does the market expect the interest rate to be on 2 year securities, 3 years from now? Maturity

If the pure expectations theory holds, what does the market expect the interest rate to be on 2 year securities, 3 years from now?

Maturity

Yield

1 year

6.0%

2 years

6.1%

3 years

6.2%

4 years

6.5%

5 years

6.8%

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