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Assume that the alternating Swap Bond and Forward rates observed for the next 10 years are: Swap Rates Year 2 3 4 5 Swap Rates

Assume that the alternating Swap Bond and Forward rates observed for the next 10 years are:

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Swap Rates Year 2 3 4 5 Swap Rates 1.5000% 2.5000% 3.2500% Forward Rates 2.5126% 4.6200% Year 6 7 8 9 10 Forward Rates 3.5810% 3.5000% 5.8518% 4.0000% 9.8996%

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