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Answer should be 9.54% Just need the handwritten solution on how to get 9.54%? 13, Suppose the 2-year spot rate 5.5% and the 4-year spot

Answer should be 9.54%

Just need the handwritten solution on how to get 9.54%? image text in transcribed

13, Suppose the 2-year spot rate 5.5% and the 4-year spot rate is 7.5%. What is the 2 + 4 year forward rate

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