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Interest rates on years are current 6.4%, while year Treasury securities yield 7.45. If the pure expectations theory is correct, what does the market believe

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Interest rates on years are current 6.4%, while year Treasury securities yield 7.45. If the pure expectations theory is correct, what does the market believe that year becurities will be yielding aw Calculate the yielding geometrice average. Do not round aberme te calculations. Round your answer to two decimal places

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