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The one-year spot interest rate is r1 = 5.5% and the two-year rate is r2 = 6.5%. If the expectations theory is correct, what is
The one-year spot interest rate is r1 = 5.5% and the two-year rate is r2 = 6.5%. If the expectations theory is correct, what is the expected one-year interest rate in one years time?
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Principles Of Public Finance
Authors: Toshihiro Ihori
1st Edition
9811023883, 978-9811023880
