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Business, 18.07.2019 06:20 liloleliahx2

Interest rates on 4-year treasury securities are currently 6.9%, while 6-year treasury securities yield 7.15%. if the pure expectations theory is correct, what does the market believe that 2-year securities will be yielding 4 years from now? calculate the yield using a geometric average. do not round intermediate calculations. round your answer to two decimal places.

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