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Please do not send an already answered similar question. I have checked through all the questions like this one, posted this question once already and

Please do not send an already answered similar question. I have checked through all the questions like this one, posted this question once already and got a random but similar already posted question. Please show how to solve.

ANSWER IS 4.6

Given the information below, find the forward rate for year 3 (the forward rate quoted today for an investment that begins two years from now and matures three years from now). Maturity (years) 1 2 3 4 Zero-Coupon YTM 5.80% 5.50% 5.20% 5.00.%

a. 4.5%

b. 5.0%

c. 5.2%

d. 4.6%

e. None of the above

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