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Question 5 (1 point) One-year T-bills yield 1.75%. Based on futures rates, the market expects that one year from now, new one year t-bill will

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Question 5 (1 point) One-year T-bills yield 1.75%. Based on futures rates, the market expects that one year from now, new one year t-bill will yield 4.25%. Based on the Pure Expectations Theory, what is the yield of a 2-year Treasury Note? (Answer as a percent with at least 2 decimal places. For example, 10 percent should be entered as 10.00. Do not use the % sign.) Your

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