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Suppose you observe the following partial Treasury spot rate curve: Term Spot Rate 6-month spot rate 1.0% 1-year spot rate 1.2% 18-month spot rate 1.6%

Suppose you observe the following partial Treasury spot rate curve:

Term Spot Rate
6-month spot rate 1.0%
1-year spot rate 1.2%
18-month spot rate 1.6%
2-year spot rate 2.0%
30-month spot rate 2.2%
3-year spot rate 2.6%

Based upon this data, the 30-month forward rate 6 months from today is closest to:

A 1.461%.
B 2.306%.
C 2.922%.
D 4.612%.

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