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1 H Consider the following spot interest rates on securities of various maturities: 1 1.0% 2 1.4% 3 1.6% 4 1.7% Compute the implied forward

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1 H Consider the following spot interest rates on securities of various maturities: 1 1.0% 2 1.4% 3 1.6% 4 1.7% Compute the implied forward rate on a 1-year security at the beginning of year 2. (261) 1.2% 2.0% 1.4% G 1.8%

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