Business
Business, 03.05.2021 14:30, dollangellface22

A recent edition of The Wall Street Journal reported interest rates of 3.45 percent, 3.80 percent, 4.18 percent, and 4.45 percent for three-year, four-year, five-year, and six-year Treasury notes, 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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