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1.Refresher: Calculate the F2,3 forward curve given the following spot rates: Tenor Spot rate 1 4.00% 2 4.25% 3 4.63% 4 5.13% 5 5.38% 6

1.Refresher: Calculate the F2,3 forward curve given the following spot rates:

Tenor Spot rate

1 4.00%

2 4.25%

3 4.63%

4 5.13%

5 5.38%

6 5.63%

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