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1-year, 2-year, 3-year, and 4-year annualized rates of return are 1.4%, 2.9%, 3.4%, and 4.8%, respectively. Compute the two-year annualized forward interest rate from year

1-year, 2-year, 3-year, and 4-year annualized rates of return are 1.4%, 2.9%, 3.4%, and 4.8%, respectively. Compute the two-year annualized forward interest rate from year 2 to year 4.

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