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. Problem 9. The current 1-year rate (fo.1) is 4%, the 1-year forward rate for lending from time =1 to time 2 ( f1.1) is
. Problem 9. The current 1-year rate (fo.1) is 4%, the 1-year forward rate for lending from time =1 to time 2 ( f1.1) is 5%, and 1-year forward rate for lending from time=2 to time=3 ( f2.1) is 6%. ...
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
