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Choose the answer to complete the following sentence. Assume that you are comparing BEYs (all rates are stated as annual rates). If the 1 year

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Choose the answer to complete the following sentence. Assume that you are comparing BEYs (all rates are stated as annual rates). If the 1 year spot rate is higher than the 6 month spot rate, the 6 month forward rate will be the 1 year spot rate. o less than O o The answer cannot be determined with the information given O greater than O equal to

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