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Use the term structure table below to answer the question. Based on the expectations hypothesis of the term structure, what is the expected two-year interest

Use the term structure table below to answer the question. Based on the expectations hypothesis of the term structure, what is the expected two-year interest rate one year from now?

Term

Today

1 year

3.00%

2 years

3.25%

3 years

3.50%

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