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The following table gives annual interest rates for the given maturities. Assume that the pure expectations hypothesis holds. 1 Year 1.88% 2 Year 2.19% 3
The following table gives annual interest rates for the given maturities. Assume that the pure expectations hypothesis holds.
1 Year | 1.88% |
2 Year | 2.19% |
3 Year | 2.33% |
4 Year | 2.59% |
5 Year | 2.77% |
What is the 1 year rate in 2 years?
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