Interest rates on 4-year Treasury securities are currently 6.3%, while 6-year Treasury securities yield 7.15%. If...

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Finance

Interest rates on 4-year Treasury securities are currently 6.3%,while 6-year Treasury securities yield 7.15%. If the pureexpectations theory is correct, what does the market believe that2-year securities will be yielding 4 years from now? Calculate theyield using a geometric average. Do not round intermediatecalculations. Round your answer to two decimal places.,,,

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