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Problem 2-17 (LG 2-8) If you note the following yield curve in The Wall Street Journal, what is the one-year forward rate for the period
Problem 2-17 (LG 2-8) If you note the following yield curve in The Wall Street Journal, what is the one-year forward rate for the period beginning one year from today, 2f, according to the unbiased expectations theory? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Maturity One day One year Two years Three years Yield 2.58% 2.80 2.94 2.99 One-year forward rate
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