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Term (years) Today's Rate 2.2% 2 2.41% 3 2.94% Based on the expectations hypothesis, what does the market expect the year rate in 2 years

Term (years) Today's Rate 2.2% 2 2.41% 3 2.94% Based on the expectations hypothesis, what does the market expect the year rate in 2 years to be? State your answer as a percentage to 2 decimal places (eg. 4.39)

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