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Suppose that zero interest rates with continuous compounding are as follows: Maturity (months) Rate (% per annum) 3 2.8 6 3.2 9 3.5 12 3.7
Suppose that zero interest rates with continuous compounding are as follows:
| Maturity (months) | Rate (% per annum) |
| 3 | 2.8 |
| 6 | 3.2 |
| 9 | 3.5 |
| 12 | 3.7 |
| 15 | 3.7 |
| 18 | 3.9 |
What is the forward interest rates for the third quarter?
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Managerial Finance In A Canadian Setting
Authors: X. Lusztig, X. Schwab
4th Edition
