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27. Suppose the 2-year spot rate 3% and the 7-year spot rate is 7%. What is the 2 -> 7 year forward rate? 28. Suppose

27. Suppose the 2-year spot rate 3% and the 7-year spot rate is 7%. What is the 2 -> 7 year forward rate?

28. Suppose the 4-year spot rate 5% and the 4->6 year forward rate is 7%. What is the 6-year spot rate?

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