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one year treasury bills currently earn 2.85 percent. You are expected that one year from now 1 year Treasury bill rates will increase to 3.35
one year treasury bills currently earn 2.85 percent. You are expected that one year from now 1 year Treasury bill rates will increase to 3.35 percent and that two years from now. 1 year Treasury bill rates will increase to 3.75 percent. If the unbiased expectataions theory is correct what should the current rate be on 3 year Treasury securities?
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