Using the pure expectations theory, forecast the annual interest rate on six-year Treasuries that are purchased nine years from today. Select the range in which the correct answers falls. (That is, what will be the annual yield on a Treasury with six years until maturity issued nine years from today?) Use arithmetic averages.

Using the pure expectations theory, forecast the annual interest rate on six-year Treasuries that are purchased nine years from today. Select the range in which the correct answers falls. (That is, what will be the annual yield on a Treasury with six years until maturity issued nine years from today?) Use arithmetic averages