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Check your skill! Current 1-year spot rate is 6%,2-year spot rate is 7%, and 3-year spot rate is 6%. The 1-year forward rate for a

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Check your skill! Current 1-year spot rate is 6%,2-year spot rate is 7%, and 3-year spot rate is 6%. The 1-year forward rate for a loan two years from now is closest to: A. 6%. B. 5%. C. 4%

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