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The Wall Street Journal reports that the rate on 6-year Treasury securities is 1.90 percent and the rate on 7-year Treasury securities is 2.45 percent.

The Wall Street Journal reports that the rate on 6-year Treasury securities is 1.90 percent and the rate on 7-year Treasury securities is 2.45 percent. According to the unbiased expectations theory, what does the market expect the 1-year Treasury rate to be six years from today, E(r17)

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