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The one year spot interest rate is r = 6.9%, and the two-year rate is r - 7.9%. If the expectations theory is correct, what

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The one year spot interest rate is r = 6.9%, and the two-year rate is r - 7.9%. If the expectations theory is correct, what is the expected one-year interest rate in one year's time? (Do not round intermediate calculations. Enter your answer os a percent rounded to 2 decimal places.) cints Expected interest rate

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