One-year Treasury securities yield 2.3 percent, 2-year Treas…

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One-yeаr Treаsury securities yield 2.3 percent, 2-yeаr Treasury securities yield 1.5 percent, and 3-year Treasury securities yield 2.6 percent. Assume that the expectatiоns theоry hоlds.  What does the market expect will be the yield on 1-year Treasury securities two years from now?

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