You observe the following yield curve for Treasury securities: Maturity 1 Year 2 Years 3 Years 4 Years 5 Years Assume that the pure expectations hypothesis holds. What does the market expect will be the yield on 3-year securities, 2 year from today? 7.9% O 7.6% 8.2% 7.0% 7.3%

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? 7.9% 7.6% 8.2% 7.3%