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If the one-year spot interest rate is 1.5% and the two-year spot interest rate is 2.4%, calculate the one-year forward interest rate. 3.3% 2.0% 2.4%

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If the one-year spot interest rate is 1.5% and the two-year spot interest rate is 2.4%, calculate the one-year forward interest rate. 3.3% 2.0% 2.4% 1.5% 8.0%

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