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Consider the following spot interest rates for maturities of one, two, three, and four years. r1=6.1% r2=6.7% r3=7.4% r4=8.2% what are the following forward rates,
Consider the following spot interest rates for maturities of one, two, three, and four years. r1=6.1% r2=6.7% r3=7.4% r4=8.2% what are the following forward rates, where f1,k refers to a forward rate for the period beginning in one year and extending for k years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
f1,1= ____% f1,2=____% f1,3=____%
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