Business
Business, 25.11.2021 14:00, Christsflower601

UNDER EXPECTATION THEORY OF INTEREST RATES. If this year a 1-year bond has a return of 1%, and people believe next year a one-year bond will have return of 4%, and the year after people believe a 1-year bond will have a return of 2%. What should interest rates on a 3-year bond be today

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UNDER EXPECTATION THEORY OF INTEREST RATES. If this year a 1-year bond has a return of 1%, and peopl...

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