What is the forward rate for year 2 (the forward rate quoted today for an investment that

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What is the forward rate for year 2 (the forward rate quoted today for an investment that begins in one year and matures in two years)?

Maturity (years) 1 2 3 4 5 Zero-coupon YTM 4.0% 5.5% 5.5% 5.0% 4.5%.

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Corporate Finance The Core

ISBN: 9781292431611

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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