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The current one-year T-bill rate is .30 percent and the expected one-year rate 12 months from now is 1.48 percent. According to the unbiased expectations
The current one-year T-bill rate is .30 percent and the expected one-year rate 12 months from now is 1.48 percent. According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security?
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