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Business, 30.10.2019 20:31 nickydeuce3

One-year treasury bills currently earn 2.55 percent. you expect that one year from now, one-year treasury bill rates will increase to 2.85 percent and that two years from now, one-year treasury bill rates will increase to 3.15 percent. if the unbiased expectations theory is correct, what should the current rate be on 3-year treasury securities?

(a)-3.15%
(b)-2.55%
(c)-2.85%
(d)-2.93%

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