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The Wall Street Journal reports that the rate on 4 - year Treasury securities is 1 . 3 0 percent and the rate on 6

The Wall Street Journal reports that the rate on 4-year Treasury securities is 1.30 percent and the rate on 6-year Treasury securities is 2.25 percent. According to the unbiased expectations theory, what does the market expect the 2-year Treasury rate to be four years from today, E(4r2)?(Do not round intermediate calculations. Round your answer to 2 decimal places.)

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