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The market has the following expectations for 1 - year rates of return for each of the next 5 years:Year 1 = 4 . 0
The market has the following expectations for year rates of return for each of the next years:Year ; Year ; Year ; Year ; Year In years, you will buy a US Treasury, zero coupon discount security that pays no coupon, but will mature for $ in years you will hold the security over years and Assuming that the Pure Expectations Theory of the term structure is correct, determine how much you expect to pay for this security when you buy it in two years.$$$ $ $
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