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Interest rates on 4-year Treasury securities are currently 5.05%, while 6-year Treasury securities yield 7.75%. The data has been collected in the Microsoft Excel Online

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Interest rates on 4-year Treasury securities are currently 5.05\%, while 6-year Treasury securities yield 7.75%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. x= Open spreadsheet 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 your intermediate calculations. Round your answer to two decimal places

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