The current one-year t-bill rate is 40 percent and the, Ask an Expert

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The current one-year T-bill rate is .40 percent and the expected one-year rate 12 months from now is 7.70 percent. According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security? (Do not round intermediate calculations. Round your answer to 2 decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92845116

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