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Given that the annualized 2-year spot rate = 3.9164, the annualize 3-year spot rate = 4.7520%, the annualize 4-year spot rate = 5.0650 and the
Given that the annualized 2-year spot rate = 3.9164, the annualize 3-year spot rate = 4.7520%, the annualize 4-year spot rate = 5.0650 and the annualize 5-year spot rate = 5.2772, The 2-year forward rate three years from now is closest to __________.
Group of answer choices
6.070%
7.00%
3.035%
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