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According to the Unbiased Expectation Theory, if the one year interest rate is 1.80%, 1R 1=1.80%, and the expected one year rate is 2.5%, 3.74%,

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According to the Unbiased Expectation Theory, if the one year interest rate is 1.80%, 1R 1=1.80%, and the expected one year rate is 2.5%, 3.74%, and 4.1% for the 2nd, 3rd, and 4th yearE( 27 1)=2.5%, E( 31 1)=3.74% El 47 1)=4.1%, respectively. How much is the forward interest rate? 2.9711 2.9934% 3.0308% 3.0412%

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