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13. Given the following zero-coupon bond prices, which of the following is closest to the implied one-year forward rate for the fourth year? Maturity (Year)

13. Given the following zero-coupon bond prices, which of the following is closest to the implied one-year forward rate for the fourth year?

Maturity (Year) Bond Price
1 $ 943.40
2 $ 898.47
3 $ 847.62
4 $ 792.16

A. 5.00%

B. 5.50%

C. 6.00%

D. 7.00%

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