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The 3 year spot rate is 10%, and the 4 year spot rate is 10.5%. What is the 1 year spot rate 3 years from

The 3 year spot rate is 10%, and the 4 year spot rate is 10.5%. What is the 1 year spot rate 3 years from now? Question 1 options:

11.0%

10.0%

12.0%

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