Over the next 5 years the one year interest rates are forecaster to be 8% in the first year, 9% in the second, 8% in the third, 6% in the fourth and...

Over the next 5 years the one year interest rates are forecaster to be 8% in the first year, 9% in the second, 8% in the third, 6% in the fourth and 2% in the fifth. According to expectations theory what is the interest rate or yield on a 4 year bond?Answer