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our yield curve.
. Recall, we have said that Treasury securities are subject to
mium. Just as we "built" Treasury yields in the table, we can
percent the following year, and 8 percent thereafter. The
ies that mature in 1 year or less, 0.1 percent for 2-year
or 20 years, after which it is stable. What is the interest rate
h these data. What factors can explain why this constructed
