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Consider a two-year spot rate of 5% and a five-year spot rate of 6%. What is the forward rate for a loan starting in two
Consider a two-year spot rate of 5% and a five-year spot rate of 6%. What is the forward rate for a loan starting in two years and maturing three years later?
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
