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Suppose that the current one-year rate (one-year spot rate) andexpected one-year T-bill rates over the following three years(i.e., years 2, 3, and 4, respectively) are

Suppose that the current one-year rate (one-year spot rate) andexpected one-year T-bill rates over the following three years(i.e., years 2, 3, and 4, respectively) are as follows:1R1 = 0.4%,E(2r 1 answer

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