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Given the following spot rates for various periods of time from today, calculate forward rates from years one to two, two to three, and three

Given the following spot rates for various periods of time from today, calculate forward rates from years one to two, two to three, and three to four.

Years From Today: Spot Rate:

Year 1 5.0%

Year 2 5.5%

Year 3 6.5%

Year 4 7.0%

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