kobrien9146
22.10.2019 •
Business
According to the liquidity premium theory of the term structure of interest rates, if the one-year bond rate is expected to be 4%, 5%, and 9% over each of the next three years, and if the liquidity premium on a three-year bond is 2%, then the interest rate on a three-year bond is nothing%. (round your response to the nearest whole number).
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