Business, 28.02.2020 22:20, emmasandberg182

If i2(2020) denotes the annual interest rate on 2-year bonds issued in 2020 and i1(2020) and i2(2021) represent interest rates on 1-year bonds purchased in 2020 and 2021, the equilibrium relationship between the 2-year bond and the two 1-year bonds is.

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If i2(2020) denotes the annual interest rate on 2-year bonds issued in 2020 and i1(2020) and i2(2021...