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Interest rates on 3-year Treasury securities are currently 1.92%, while 10-year Treasury securities yield 5.62%. If the pure expectations theory is correct, what does the

Interest rates on 3-year Treasury securities are currently 1.92%, while 10-year Treasury securities yield 5.62%. If the pure expectations theory is correct, what does the market believe that 7-year Treasury securities will be yielding 3 years from now? a. 4.03 percent b. 3.70 percent c. 7.21 percent d. 6.04 percent e. 7.58 percent

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