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One-year Treasury bills currently earn 1.40 percent. You expect that one year from now. 1-year Treasury bill rates will increase to 1.60 percent. If the
One-year Treasury bills currently earn 1.40 percent. You expect that one year from now. 1-year Treasury bill rates will increase to 1.60 percent. If the unbiased expectations theory is correct, what should the current rate be on 2-year Treasury securities? (Round your awnser to 2 decimal places. Write you awnser in pertentage (%)
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