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Assume that the 6 year annual spot rate is 11.58% and the 6 year annual six-month forward rate is 13.32%. What is the 6.5 year

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Assume that the 6 year annual spot rate is 11.58% and the 6 year annual six-month forward rate is 13.32%. What is the 6.5 year annual spot rate? Round your intermediate calculations to 4 decimal places. State your answer as a BEY, rounded to two digits, without the percent sign

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