A two-year Treasury bill offers a 6.4% yield to maturity. The market's concensus forecast is that one-year T-bills will offer 5.9% next year. What is the current yield on a 1-year T-bill if the expectations hypothesis holds? Enter your answer as a percentage. Do not include the percentage sign in your answer.

Answer rating: 100% (QA)

answer The current yield on a 1year Tbill would be 59 This can be calculated by usin... View the full answer