. Show your work. If the pure expectations theory holds, what does the market expect will be the interest rate on one-year securities, four years from now (1 year maturity yield is 6.0% ; 2 year maturity yield is 6.1%; 3 year maturity yield is 6.2%; 4 year maturity yield is 6.3 %; 5 year maturity yield is 6.3%)? (Hints: Draw the time line and then calculate the interest rate.)