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If you note the following yield curve in The Wall Street Journal , what is the one-year forward rate for the period beginning one year
If you note the following yield curve in The Wall Street Journal, what is the one-year forward rate for the period beginning one year from today, 2f1 according to the unbiased expectations theory? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) |
Maturity | Yield |
One day | 2.17% |
One year | 2.39 |
Two years | 2.43 |
Three years | 2.54 |
One-year forward rate | % |
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