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Let us assume the following deposit rates: Maturity % 1 year deposit 1.6 2 year deposit 4.4 Please calculate the expected forward interest rate for

Let us assume the following deposit rates:

Maturity %
1 year deposit 1.6
2 year deposit 4.4

Please calculate the expected forward interest rate for deposit starting at the end of first year and lasting one year (one year forward rate).

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