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Business, 10.08.2019 01:10 kiah25

Over the next three years, the expected path of one-year interest rates is 4, 1, and 1 percent. the expectations theory of the term structure predicts that the current interest rate on three-year bond is (a) 1 percent(b) 2 percent(c) 3 percent(d) 4 percent.

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Over the next three years, the expected path of one-year interest rates is 4, 1, and 1 percent. the...
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