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Assume investors are indifferent about security maturities and that today's quoted ten-year interest rate is 9 percent, while the quoted eight-year interest rate is 8
Assume investors are indifferent about security maturities and that today's quoted ten-year interest rate is 9 percent, while the quoted eight-year interest rate is 8 percent. What is the annualized two-year forward rate starting eight years from now?
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