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Price $925.93 YTM 8.00% 853.39 8.25 782.92 8.50 15.00 8.75 650.00 9.00 a. Calculate the forward rate of interest for each year. b. What

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Price $925.93 YTM 8.00% 853.39 8.25 782.92 8.50 15.00 8.75 650.00 9.00 a. Calculate the forward rate of interest for each year. b. What is the 2-year forward rate beginning in year 3? Maturity (years) 12345

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