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You note the following yield curve in The Wall Street Journal (1-day rate = 1.00%; 1 year rate = 2.10%; 2 year rate = 4.30%;
"You note the following yield curve in The Wall Street Journal (1-day rate = 1.00%; 1 year rate = 2.10%; 2 year rate = 4.30%; 3 year rate = 7.40%) - According to the unbiased expectations theory, what is the 1-year forward rate for the period beginning one year from today?"
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