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You note the following yield curve in The Wall Street Journal . According to the unbiased expectations theory, what is the 1-year forward rate for
You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the 1-year forward rate for the period beginning one year from today, 2f1? (Round your answer to 2 decimal places.)
Maturity | Yield | ||
One day | 2.80 | % | |
One year | 6.30 | ||
Two years | 7.30 | ||
Three years | 9.80 | ||
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