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M. Expectations Theory) Sove Summer for Grading Questions of 10 Check My Work E o o o o o o ebook Interest rates on 4-year

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M. Expectations Theory) Sove Summer for Grading Questions of 10 Check My Work E o o o o o o ebook Interest rates on 4-year Treasury securities are currently 5.9%, while 6-year Treasury securities yield 7.35%. 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 intermediate calculations, Round your answer to two decimal places

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