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Calculate the implied spot rate if the 5-year discount factor is 0.8950 and you assumed semi-annual compounding. The spot rate should be displayed as an

Calculate the implied spot rate if the 5-year discount factor is 0.8950 and you assumed semi-annual compounding. The spot rate should be displayed as an annual figure.

2.23%

1.95%

2.10%

1.11%

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