One-year t-bills currently earn 045 percent you expect that, Financial Management

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One-year t-bills currently earn 045 percent you expect that

One-year T-bills currently earn 0.45 percent. You expect that one year from now, one-year T-bill rates will increase to 0.50 percent. If the unbiased expectations theory is correct, what should the current rate be on two-year Treasury securities? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Current rate on two-year Treasury securities %

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Financial Management: One-year t-bills currently earn 045 percent you expect that

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