Question: 4 Multiple Choice 4 points The WSJ reports that the rates on 4 - and 5 - year Treasuries are 5 . 8 4 %

4 Multiple Choice 4 points
The WSJ reports that the rates on 4- and 5-year Treasuries are 5.84% and 5.78%. respectively. Based on the expectations theory, what is the expected 1-year Treasury spot rate in year 5?
4 Multiple Choice 4 points The WSJ reports that

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