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Click to see additional instructions If the annualized yield on a one-year Treasury is 1.60% and the annualized yield on a two-year Treasury is 1.68%,
Click to see additional instructions If the annualized yield on a one-year Treasury is 1.60% and the annualized yield on a two-year Treasury is 1.68%, then the forward rate in the second year is. %. (Round your answer to two decimal places as a percent.)
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