What should the yield on a 3 year bond be according to the
The yield on a one year bond is 5%. The expected rate next year is 8% The expected rate the following year is 11%.
What should the yield on a 3 year bond be according to the expectations hypothesis?
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the yield on a one year bond is 5 the expected rate next year is 8 the expected rate the following year is 11what
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