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If a 2 year zero is selling for 94 and a 1 year zero coupon bond has a price of 98 (both quoted as a
If a 2 year zero is selling for 94 and a 1 year zero coupon bond has a price of 98 (both quoted as a percent of par). What is the implied forward rate in percent (answer 8.62 for 8.62%) from year 1 to year 2?
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