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The current one-year Treasury bill rate is 5.2 percent and the expected one-year rate 12 months from now is 5.8 percent. According to the unbiased

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The current one-year Treasury bill rate is 5.2 percent and the expected one-year rate 12 months from now is 5.8 percent. According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security? (Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g., 32.16)) Current rate

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