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Assume semi-annual compounding. If the 2-yr rate is 3% and the 1.5-yr rate is 2%, what is the implied forward 6-month rate one and a
Assume semi-annual compounding. If the 2-yr rate is 3% and the 1.5-yr rate is 2%, what is the implied forward 6-month rate one and a half years from now?
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