Under the expectations theory if todays one year spot rate
Under the Expectations Theory, if today's one year spot rate is 2%, the forward one-year rate in one year is 3%, the forward one-year rate in two years is 5%, and the forward one-year rate in three years is 6%, today's 4-year spot rate would be
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under the expectations theory if todays one year spot rate is 2 the forward one-year rate in one year is 3 the forward
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