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. One-year, two-year, and three-year maturity zero-coupon bonds have yields to maturity of 6%, 9%, and 11%, respectively. What is the forward rate for the
. One-year, two-year, and three-year maturity zero-coupon bonds have yields to maturity of 6%, 9%, and 11%, respectively. What is the forward rate for the second year? Also, what is the forward rate for the third year?
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