Problem 1 A recent edition of The Wall Street Journal reported interest rates of 2.25%,2.60%,2.98%, and 3.25% for three-year, four-year, five-year, and six-year Treasury note yields, respectively. According to the unbiased expectations theory of the term structure of interest rates, what is the expected one-year rate during year 4 ? What are the expected one-year rates during years 5 , and 6? Problem 1 A recent edition of The Wall Street Journal reported interest rates of 2.25%,2.60%,2.98%, and 3.25% for three-year, four-year, five-year, and six-year Treasury note yields, respectively. According to the unbiased expectations theory of the term structure of interest rates, what is the expected one-year rate during year 4 ? What are the expected one-year rates during years 5 , and 6