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The one-year spot rate is currently 4 percent; the two-year spotrate is 3.5 percent; and the three-year spot rate is 4.33 percent.Under the unbiased expectations

The one-year spot rate is currently 4 percent; the two-year spotrate is 3.5 percent; and the three-year spot rate is 4.33 percent.Under the unbiased expectations theory, what must be the one yearra 2 answers

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