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13) The forward prices on a barrel of crude oil are $112 and $118 in years one and two, respectively. The interest rates on zero

13) The forward prices on a barrel of crude oil are $112 and $118 in years one and two, respectively. The interest rates on zero coupon government bonds are 3.0% and 3.5% in years one and two, respectively. What is the likely 2-year swap price on a barrel of crude oil?

A) $112.00

B) $116.60

C) $118.00

D) $120.50

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