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If the spot rates for 1 and 2 years are s 1 = 2.3% s 2 = 2.9% What is the forward rate f 1,2
If the spot rates for 1 and 2 years are
s1 = 2.3%
s2 = 2.9%
What is the forward rate f1,2 ?
Please express your answer in percentage, not decimal form, and round your numerical answer to one decimal place.
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