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Suppose the interest rate on a 1 - year government bond is 3 . 0 0 % , on a 4 - year government bond

Suppose the interest rate on a 1-year government bond is 3.00%, on a 4-year government bond is 3.50% and that on a 6-year government bond is 4.90%. What is the market's forecast for 2-year rates 4 years from now, assuming the pure expectations theory is correct? Show your work.

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