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Suppose that in April the BBSW was 5.65% for 60 days and 5.83% for 90 days. Calculate the one month implicit forward rates (1r2 and

Suppose that in April the BBSW was 5.65% for 60 days and 5.83% for 90 days. Calculate the one month implicit forward rates (1r2 and 2r3) using the approximation method.

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