According to the unbiased expectations theory

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If you note the following yield curve in The Wall Street Journal, what is the one-year forward rate for the period beginning one year from today, according to the unbiased expectations theory? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Maturity Yield

One day 2.37%   

One year 2.59      

Two years 2.83      

Three years 2.94      

Reference no: EM131958198

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