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One - year Treasury bills currently earn 4 . 1 5 percent. You expect that one year from now, one - year Treasury bill rates

One-year Treasury bills currently earn 4.15 percent. You expect that one year from now, one-year Treasury bill rates will increase to 4.35 percent. The liquidity premium on 2-year securities is 0.09 percent. If the liquidity premium theory is correct, what should the current rate be on 2-year treasury securities?

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