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Given the following information: 1-year T-bond 5.37 3-year T-bond 5.65 5-year T-bond 5.64 10-year T-bond 5.75 A bond trader can either buy a 10-year bond

Given the following information: 1-year T-bond 5.37 3-year T-bond 5.65 5-year T-bond 5.64 10-year T-bond 5.75 A bond trader can either buy a 10-year bond or invest in a 5-year bond and then reinvest the proceeds. What is the 5-year rate 5 years from now?

*Please include formula you are using.

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