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Suppose the 7-year spot interest rate is 10 percent and 2-year spot interest rate is 6 percent. The forecasted 4 year-spot interest rate two years

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Suppose the 7-year spot interest rate is 10 percent and 2-year spot interest rate is 6 percent. The forecasted 4 year-spot interest rate two years from now is 8 percent. What is the implied forward rate on a one year-bond originating 6 years from now

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