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If the two-year zero-coupon bond yield is 4% per year and the three-year zero-coupon bond yield is 4.8% per year, determine the rate on the
If the two-year zero-coupon bond yield is 4% per year and the three-year zero-coupon bond yield is 4.8% per year, determine the rate on the 24 x 36 FRA contract. Assume yearly compounding.
A.5.6%
B.6.4%
C.4.4%
D.4.8%
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