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3. Calculate the 3 -year forward rate as quoted today (year zero) in year 1 . Show the 3 -year forward rate on a timeline.

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3. Calculate the 3 -year forward rate as quoted today (year zero) in year 1 . Show the 3 -year forward rate on a timeline. 4. Calculate the 4-year forward rate as quoted today (year zero) in year 1 . Show the 4-year forward rate on a timeline. Use the term structure below for problems 15

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