Calculate the yield using a geometric average

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interest rates on a 4-year treasury securities are currently 6.65%, while 6-year treasury securities yield 7.35%. if the pure expectations theory is correct, what does the market believe that 2-year securities will be yielding 4 years from now?

Calculate the yield using a geometric average. do not round your intermediate calculations. round your answer to two decimal places.

Reference no: EM131928383

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