Forward Interest Rates (LO3, CFA8) Consider the following spot interest rates for maturities of one, two, three, and four years. r = 4.3% r2 = 4.9% 13 = 5.6% 14 = 6.4% What are the following forward rates, where fik refers to a forward rate for the period beginning in one year and extending for k years? f1,1 = ; f1,2 = ; f1,3 = Hint: Use the equation (1 + i)(1 +f1,k)* = (1 + Yk+1}k+1 to solve for f1, k