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One year treasury securities yield 2.6%. The market anticipates that 1 year from now, 1-year Treasury securities will yield 6.6%. If the pure expectations theory
One year treasury securities yield 2.6%. The market anticipates that 1 year from now, 1-year Treasury securities will yield 6.6%. If the pure expectations theory is correct, what is the yield today for 2-year Treasury securities?
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance
9th Edition
1133190197, 978-1133190196
