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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 forwarc rate

You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the

1 -

year forwarc rate for the period beginning one year from today,

2 f_{1} ? (

Round your answer to

2

decimal places.

)

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