Suppose the interest rate on a 1-year T-bond is 4.70% and that on a 2-year T-boed is 6.30%. Assume that the pure expectations theory is NOT valid, and the MRP is for a year T- bond but 0.40% for a a-year bond. What is the yield on a 1-year T-bond expected to be one year from now? Do not round your intermediate calculations. Round your final answer to a decimal places. 7.52% DOW C540 5296 Suppose the interest rate on a 1-year T-bond is 4.70% and that on a 2-year T-bond is 6.50%. Assume that the pure expectations theory is NOT valid, and the MRP is zero for a 1-year T- bond but 0.40% for a 2-year bond. What is the yield on a 1-year T-bond expected to be one year from now? Do not round your intermediate calculations. Round your final answer to 2 decimal places 7.52% b.6.06% 5.40% 5296