Question: If 1 - year interest rates for the next five years are expected to be 4 , 2 , 5 , 4 , and 5

If 1-year interest rates for the next five years are expected to be 4,2,5,4, and 5 percent, and the 5-year term premium is 1 percent, than the 5-year bond rate will be
Question 5 options:
2 percent
3 percent
4 percent
5 percent

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