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Please describe the following problem
Problem- the Wall Street Journal reports that the rate on four-year Treasury securities is 5.60 percent and the rate on five-year Treasury securities is 6.15 percent. According to the unbiased expectations hypotheses.
Part 1- What does the market expect the one-year Treasury rate to be four years from today, E(5r1)?
I need help to provide the solution of the above problem and explain the Treasury securities.
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