Question
One-year Treasury bills currently earn 3.75 percent. You expect that one year from now, 1-year Treasury bill rates will increase to 3.95 percent. The liquidity
| One-year Treasury bills currently earn 3.75 percent. You expect that one year from now, 1-year Treasury bill rates will increase to 3.95 percent. The liquidity premium on 2-year securities is 0.08 percent. If the liquidity theory is correct, what should the current rate be on 2-year Treasury securities?(Round your answer to 2 decimal places.) |
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
