Social Studies, 29.10.2019 06:31 kristadwsn
Arecent edition of the wall street journal reported interest rates of 2.25 percent, 2.60 percent, 2.98 percent, and 3.25 percent for three-year, four-year, five-year, and six-year treasury note yields, respectively. according to the unbiased expectations theory of the term structure of interest rates, what are the expected one-year rates during years 4, 5, and 6?
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