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A one-year bond has an interest rate of 3% and is expected to fall to 2.5% next year and 2% in two years.The term premium for a two-year bond is 0.3% and for a three-year bond is 0.5%.What are the interest rates on a two-year bond and three-year bond according to the liquidity premium theory?
Medicare
A federal health insurance program in the United States primarily for people aged 65 and older, as well as for some younger individuals with disabilities.
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Individuals who move from one country to another, either temporarily or permanently, for various reasons such as employment, education, or safety, often facing legal, social, and economic adjustments.
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