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Interest rates on 4 - year Treasury securities are currently 2 . 8 4 % while 6 - year Treasury securities yield 5 . 5
Interest rates on year Treasury securities are currently while year Treasury securities yield If the pure expectations theory is correct, what does the market believe that year Treasury securities will be yielding years from now. Calculate the yield using the arithmetic average. State your answer as a percentage to decimal places. Do not include the symbol.
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