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QUESTION

If an annual rate of interest on a 2-year treasury bond is 6 percent, and the rate on a 1 - year Treasury bond is 5 percent, then what is the

If an annual rate of interest on a 2-year treasury bond is 6 percent, and the rate on a 1 - year Treasury bond is 5 percent, then what is the expected rate on a 1 - year treasury bond one year from now?

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