9-18

Return to question Consider the following spot interest rates for maturities of one, two, three, and four years. = 4.1% 2 = 4.5% 13 = 5.2% 84-6.0% What are the following forward rates, where 9. k refers to a forward rate for the period beginning in one year and extending for k years? (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. 4.90 6.61 X 1% 0.08 %