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You observe the following yield curve for Treasury securities: Assume that the pure expectations hypothesis holds. What does the market expect will be the yield
You observe the following yield curve for Treasury securities: Assume that the pure expectations hypothesis holds. What does the market expect will be the yield on 3-year securities, 2 year from today? 5.67% 6.17% 5.17% 7.17% 6.67%
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