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Business, 17.03.2020 00:32 Lawrence101

If the expected path of 1-year interest rates over the next five years is 2 percent, 4 percent, 1 percent, 4 percent, and 3 percent, the expectations theory predicts that the bond with the lowest interest rate today is the one with a maturity of:.a. one year.
b. two years.
c. three years.
d. four years.

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