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Suppose we observe the following rates: ? 1 R 1 = 6 % , ? 1 R 2 = 8 % . If the unbiased

Suppose we observe the following rates: ?1R1=6%,?1R2=8%. If the unbiased expectations theory of the term structure of interest rates holds, what is the 1-year interest rate expected one year from now, E(2r1)?
Note: Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e.,0.1234 should be entered as 12.34
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