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(Solved): A one year Treasury bill offers a 7.6% yield to maturity. The market's concensus forecast is that on ...



A one year Treasury bill offers a

7.6%

yield to maturity. The market's concensus forecast is that one year T-bills will offer

8.4%

next year. What is the current yield on a 2 year T-bill if the expectations hypothesis holds? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below. Enter your answer to 2 DECIMAL PLACES.



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