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Suppose that the current one-year rate (one-year spot rate) and expected one year T-bill rates over the following three years (e. years 2, 3, and

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Suppose that the current one-year rate (one-year spot rate) and expected one year T-bill rates over the following three years (e. years 2, 3, and 4, respectively are as follows: TR1 - 84%, ET 1) - 1.4%, E(Tu) = 1.9%, E67) - 2.25% Using the unbiased expectations theory, calculate the current (long-term) rates for one, two, three, and four-year-maturity Treasury securities (Round your answers to 3 decimal places. (e.g. 32,161)) Current Long Term) Rates One-year Two-year Three year Four-year X % %

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