Business
Business, 28.01.2020 05:31, Falconpride847

Unbiased expectations theory the wall street journal reports that the rate on four-year treasury securities is 1.60 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 one-year treasury rate to be four years from today, e(5r1)? (lg6-7)

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