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Suppose that today a six-year spot rate is 7% per year, and a forward rate starting in four years and maturing two years later is
Suppose that today a six-year spot rate is 7% per year, and a forward rate starting in four years and maturing two years later is 7.5% per year. What is the four-year spot rate?
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
