A recent edition of the wall street journal reported


A recent edition of The Wall Street Journal reported interest rates of 3.35 percent, 3.70 percent, 4.08 percent, and 4.35 percent for three-year, four-year, five-year, and six-year Treasury notes, respectively. According to the unbiased expectations theory of the term structure of interest rates, what are the expected one-year rates during years 4, 5, and 6?

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Financial Management: A recent edition of the wall street journal reported
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