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The following data was taken from a recent TD Ameritrade screen for treasury bills for an investor looking to invest $5,000: Price YTM 1 week

The following data was taken from a recent TD Ameritrade screen for treasury bills for an investor looking to invest $5,000:

Price

YTM

1 week out

99.963

2.20%

2 weeks out

99.896

2.88%

3 weeks out

99.816

3.31%

4 weeks out

99.748

3.36%

Assuming the pure expectations theory holds with these rates, what does this mean for expected weekly rates investors can expect to receive during future weeks?

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