The foowing yield treates to a number of high-quality corporate bonds recorded at each of the three points in time Yield to Maturity 2 years ago Maturity years) 5 years ago 9.11 14.626 9.235 1289 toos Boured consider the data from 5 years ago. According to the expectations hypothesis, what approximate retum did investors expect a year bond to pay as of today? Hint think of expectations as a percentage difference in returns between the present and the tuture INPUT YOUR ANSWER AS A PERCENT ROUNDED TO 2 DECIMAL PLACES - FOR EXAMPLE 28.41%. The following yield data relates to a number of high-quality corporate bonds recorded at each of the three points in time Maturity (years) 5 years ago Today 9.11% Yield to Maturity 2 years ago 14.62% 12.8% 12.22% 9.36% 9.23% 9.8% 10.86% 9.34 9.46% 10.95% 12.64% Required: Consider the data from 5 years ago. According to the expectations hypothesis, what approximate return did investors expect a 5-year bond to pay as of today? Hint think of expectations as a percentage difference in returns between the present and the future. INPUT YOUR ANSWER AS A PERCENT ROUNDED TO 2 DECIMAL PLACES - FOR EXAMPLE: 28.41% ) SUT E-learning The following yield data relates to a number of high-quality corporate bonds recorded at each of the three points in time Yield to Maturity 2 years ago Maturity (years) 5 years ago Today 9.11% 14.62% 9.36% 9.23% 12.8% 5 9.3496 10.86% 10 9.45% 10.95% 12.64% Required: Consider the data from 5 years ago. According to the expectations hypothesis, what approximate return did investors expect a 5-year bond to pay as of today? Hint: think of expectations as a percentage difference in returns between the present and the future. INPUT YOUR ANSWER AS A PERCENT ROUNDED TO 2 DECIMAL PLACES - FOR EXAMPLE: 28.41%