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Given the forward rates below, compounded annually, what are the two, three and four year spot rates? Time Period Forward rate (%) 0y1y 1.88 1y1y
Given the forward rates below, compounded annually, what are the two, three and four year spot rates?
Time Period | Forward rate (%) |
0y1y | 1.88 |
1y1y | 2.77 |
2y1y | 3.54 |
3y1y | 4.12 |
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