Business
Business, 11.09.2019 04:30, ghernadez

The wall street journal reports that the rate on four-year treasury securities is 5.60 percent and the rate on five-year treasury securities is 6.15 percent. according to the unbiased expectations theory, what does the market expect the one-year treasury rate to be four years from today, e(5r1)?

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The wall street journal reports that the rate on four-year treasury securities is 5.60 percent and t...

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