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ControlControlControlThe following information was available as of the close of business June 1 , 2 0 XX , on government of Canada bonds. Coupon Maturity

ControlControlControlThe following information was available as of the close of business June 1,20XX, on government of Canada bonds.
Coupon Maturity Price Yield
6.00% June 1,20XX +1111.852.79
12.40% June 1,20XX +2114.103.45
10.40% June 1,20XX +3109.313.58
Calculate the anticipated one-year interest rate at 20XX +2(up to June 20XX +3).(Do not round intermediate calculations. Round the final answers to 2 decimal places.)
Interest
rate
2nd year
%
3rd year
%

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