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given the yueld on a 3 year zero coupo. bond us 8.2% and forward rates of 6.3% in year 1 and 7.1 in year 2.
given the yueld on a 3 year zero coupo. bond us 8.2% and forward rates of 6.3% in year 1 and 7.1 in year 2. whats must be forward rate in year 3
10.95%
11.27%
11.84%
10.87%
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