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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? 8.97% 9.47% 8.47% 7.97% 7.47%
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