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Calculate the 2 year spot rate Q1 and Q2 comes from the following scenario. You are given the following 1-year forward rates: fo = 3.9%

Calculate the 2 year spot rate

Q1 and Q2 comes from the following scenario. You are given the following 1-year forward rates: fo = 3.9% fi = 4.6% f2 = 4.4% = . =

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