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Under the Liquidity Premium Theory, if today's one year spot rate is 4%, the forward one-year rate in one year is 6%, and the liquidity premium on a 2-year bond is 0.25%, today's 2-year spot rate would be?
Under the Expectations Theory, if today's one year spot rate is 2%, the forward one-year rate in one year is 3%, the forward one-year rate in two years is 5%, and the forward one-year rate in three years is 6%, today's 4-year spot rate would be
Under the Liquidity Premium Theory, if today's one year spot rate is 2%, the forward one-year rate in one year is 3%, the forward one-year rate in two years is 5%, the forward one-year rate in three years is 6%, and the liquidity premium on a 4-year bond is 0.50%, today's 4-year spot rate would be.
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