Say the current three-month interest rate is 3.75% p.a.. Further, the nine-month rate is 6.25% p.a.. According
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Question:
Say the current three-month interest rate is 3.75% p.a.. Further, the nine-month rate is 6.25% p.a.. According to the expectation theory, what is the predicted rate for the coming six-month period p.a.?
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