The pure expectations theory, or the expectations hypothesis, asserts that long-term interest rates can be used to estimate future short-term interest rates. Eosed on the pure expectations theory, is the following statement true or false? A certificate of depoelt (CD) for two years will have the same yield as a CD for one year followed by an investment in another one-year CO after one year. True Folse The yleld on a one-year Treasury security is 4,4600%, and the two-year Treasury security has a 6.0210% yield. Assuming that the pure expectations theory is correct, what in the market's estimate of the one-year Treasury rate one year from now? (Note: Do not round your intermediate calculations.) 6.4645% 7.605344 8.67% 9.6587% Recall that on a one-year Treasury security the yleld is 4.46004b and 6.0210% on a two-year Treasury security. Suppose the one-year security does not have a maturity nik premium, but the two-year security does and it is 0.25%. What is the market's eatimate of the one-year Treasury rote one year from now? (Note: Do not round your intermediate calculations.) 6.0336%6 7.09840 9.015%. B.092246 Suppose the yeld on a two-year Treasury security is 5.83%, and the yield on a five-year Treasury security is 6.20%5, Assuming that the pure expectetions theory is cortect, what is the market's estimate or the three-yoar Treasury rate two years from now? (Note: Do not round your intermedlate calculationa) 6.61% 6.45% 5,4616