One-year treasury bills currently earn 145 percent what, Financial Management

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One-year treasury bills currently earn 145 percent what

One-year Treasury bills currently earn 1.45 percent. You expect that one year from now, 1-year Treasury bill rates will increase to 1.65 percent. If the unbiased expectations theory is correct, what should the current rate be on 2-year Treasury securities?

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Financial Management: One-year treasury bills currently earn 145 percent what

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