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If the 2-year yield to maturity is 7.5% and the 3-year yield to maturity is 6.8%, approximately what is the 2-year forward rate? A) -0.7%
If the 2-year yield to maturity is 7.5% and the 3-year yield to maturity is 6.8%, approximately what is the 2-year forward rate?
A) -0.7%
B) 5.417%
C) 7.15%
D) 0.7%
E) None of the above
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