Question
The Wall Street Journal reports that the rate on 8-year Treasury securities is 1.50 percent and the rate on 9-year Treasury securities is 2.05 percent.
The Wall Street Journal reports that the rate on 8-year Treasury securities is 1.50 percent and the rate on 9-year Treasury securities is 2.05 percent. According to the unbiased expectations theories, what does the market expect the 1-year Treasury rate to be eight years from today, E(9r1)?
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The Complete Guide To Property Finance
Authors: Richard W J Brown
1st Edition
1739832027, 978-1739832025
