Business, 18.03.2021 01:40 jackchelly

One-year Treasury securities yield 5%. The market anticipates that 1 year from now, 1-year Treasury securities will yield 6%. If the pure expectation theory is correct, what should be the yield today for 2-year Treasury securities

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One-year Treasury securities yield 5%. The market anticipates that 1 year from now, 1-year Treasury...

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