Social Studies, 21.02.2020 05:18 573589

A one-year bond currently pays 3.5% interest. It's expected that it will pay 4.5% next year and 4% the following year. The two-year term premium is 0.5% while the three-year term premium is 0.35%. What is the interest rate on a three-year bond

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A one-year bond currently pays 3.5% interest. It's expected that it will pay 4.5% next year and 4% t...