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The interest rate on 3-year Treasury securities is currently 6%. The interest rate on 4-year Treasury securities is currently 7%. Assume that the pure expectations

The interest rate on 3-year Treasury securities is currently 6%. The interest rate on 4-year Treasury securities is currently 7%. Assume that the pure expectations theory is correct. To the closest whole percent, what is a reasonable forecast of the rate on 1-year Treasury securities 3 years from now

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