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Unbiased Expectations Theory One-year Treasury bills currently earn 6.15 percent. You expect that one year from now, one year Treasury bill rates will increase to

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Unbiased Expectations Theory One-year Treasury bills currently earn 6.15 percent. You expect that one year from now, one year Treasury bill rates will increase to 6.40 percent. If the unbiased expectations theory is correct, what should the current rate be on two-year Treasury securities? Multiple Choice 12.550% 6.275% 6 150% 6.400%

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