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Suppose the one year interest rate (the one year zero coupon yield) is 5.5% per annum compounded annually, and the two year interest rate (the
Suppose the one year interest rate (the one year zero coupon yield) is 5.5% per annum compounded annually, and the two year interest rate (the two tear zero coupon yield) is 6.75%, what is the implied forward rate from year 1 to year 2?
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