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Say we have the following term structure for a 3-year period: 1-Year: 3.7% 2-Year: 0.8% 3-Year: 2.5% What is the 2-year rate in 1 year?

Say we have the following term structure for a 3-year period: 1-Year: 3.7% 2-Year: 0.8% 3-Year: 2.5% What is the 2-year rate in 1 year? Group of answer choices 1.91% 1.02% 5.99% 3.85%

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