Question: Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 20062010. Index Month Year Return 1 Jan 2006 5.43 2 Feb
Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 20062010.
| Index | Month | Year | Return |
| 1 | Jan | 2006 | 5.43 |
| 2 | Feb | 2006 | 4.46 |
| 3 | Mar | 2006 | 3.22 |
| 4 | Apr | 2006 | 4.67 |
| 5 | May | 2006 | 4.15 |
| 6 | Jun | 2006 | 5.5 |
| 7 | Jul | 2006 | 3.66 |
| 8 | Aug | 2006 | 5.23 |
| 9 | Sep | 2006 | 5.38 |
| 10 | Oct | 2006 | 3.44 |
| 11 | Nov | 2006 | 3.54 |
| 12 | Dec | 2006 | 5.17 |
| 13 | Jan | 2007 | 5 |
| 14 | Feb | 2007 | 3.81 |
| 15 | Mar | 2007 | 4.88 |
| 16 | Apr | 2007 | 5.24 |
| 17 | May | 2007 | 3.54 |
| 18 | Jun | 2007 | 3.65 |
| 19 | Jul | 2007 | 5.25 |
| 20 | Aug | 2007 | 5.2 |
| 21 | Sep | 2007 | 3.28 |
| 22 | Oct | 2007 | 4.35 |
| 23 | Nov | 2007 | 5.47 |
| 24 | Dec | 2007 | 5.3 |
| 25 | Jan | 2008 | 4.64 |
| 26 | Feb | 2008 | 4.64 |
| 27 | Mar | 2008 | 4.56 |
| 28 | Apr | 2008 | 4.31 |
| 29 | May | 2008 | 4.32 |
| 30 | Jun | 2008 | 3.22 |
| 31 | Jul | 2008 | 4.16 |
| 32 | Aug | 2008 | 5.42 |
| 33 | Sep | 2008 | 4.68 |
| 34 | Oct | 2008 | 3.46 |
| 35 | Nov | 2008 | 3.54 |
| 36 | Dec | 2008 | 4.35 |
| 37 | Jan | 2009 | 5.18 |
| 38 | Feb | 2009 | 4.39 |
| 39 | Mar | 2009 | 4.03 |
| 40 | Apr | 2009 | 4.8 |
| 41 | May | 2009 | 5.49 |
| 42 | Jun | 2009 | 4.6 |
| 43 | Jul | 2009 | 4.47 |
| 44 | Aug | 2009 | 4.05 |
| 45 | Sep | 2009 | 5.22 |
| 46 | Oct | 2009 | 3.97 |
| 47 | Nov | 2009 | 3.86 |
| 48 | Dec | 2009 | 3.66 |
| 49 | Jan | 2010 | 5.32 |
| 50 | Feb | 2010 | 3.64 |
| 51 | Mar | 2010 | 4.26 |
| 52 | Apr | 2010 | 4.83 |
| 53 | May | 2010 | 3.64 |
| 54 | Jun | 2010 | 4.17 |
| 55 | Jul | 2010 | 3.14 |
| 56 | Aug | 2010 | 4.28 |
| 57 | Sep | 2010 | 4.95 |
| 58 | Oct | 2010 | 4.42 |
| 59 | Nov | 2010 | 3.83 |
| 60 | Dec | 2010 | 3.27 |
Estimate a linear trend model with seasonal dummy variables to make forecasts for the first three months of 2011. (Round answers to 2 decimal places.)
Year Month Yt
2011 Jan ____
2011 Feb ____
2011 Mar ____
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