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Question 8 1 pts Term (years) Today's Rate 1 2.25% 2 2.38% 3 2.74% Based on the expectations hypothesis, what does the market expect the

Question 8 1 pts Term (years) Today's Rate 1 2.25% 2 2.38% 3 2.74% Based on the expectations hypothesis, what does the market expect the 1 year rate in 2 years to be? State your answer as a percentage to 2 decimal places (e.g., 4.39)

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