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The wall street journal reports that the rate on three-year treasury securities is 1.20 percent and the rate on five-year treasury securities is 2.15 percent.
according to the unbiased expectations theory, what does the market expect the two-year treasury rate to be three years from today, e(3r2)?
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The wall street journal reports that the rate on three-year treasury securities is 1.20 percent and...
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