The current one-year treasury-bill rate is 52 percent and


Question: The current one-year Treasury-bill rate is 5.2 percent and the expected one-year rate 12 months from now is 5.8 percent. According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security?

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Finance Basics: The current one-year treasury-bill rate is 52 percent and
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