Question: need help, will rate Save Submit Assignment for Grading 5 Problem 6.08 (Expectations Theory) + Question 5 of 11 Check My Work (2 remaining) eBook
Save Submit Assignment for Grading 5 Problem 6.08 (Expectations Theory) + Question 5 of 11 Check My Work (2 remaining) eBook Interest rates on 4-year Treasury securities are currently 5.5%, while 6-year Treasury securities yield 7.05%. If the pure expectations theory is correct, what does the market believe that 2-year securities will be ylelding 4 years from now? Calculate the yield using a geometric average. Do not round intermediate calculations. Round your answer to two decimal places. % Check My Work (2 remaining) 0-Icon Key Problem 6.08 (Expectations Theory) Question 5 of 11 Submit Assignment for Grading Save
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