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If the one-year spot interest rate is 8% and the two-year spot interest rate is 9%, calculate the one-year forward interest rate one year from
If the one-year spot interest rate is 8% and the two-year spot interest rate is 9%, calculate the one-year forward interest rate one year from today.
| 10.0% |
| 10.5% |
| 11.0% |
| 11.5% |
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
