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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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