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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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