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The 9-year spot rate is 4.25% and the 10-year spot rate is 4.50%. What is the 9-year/10-year forward rate (the 1year interest rate that could

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The 9-year spot rate is 4.25% and the 10-year spot rate is 4.50%. What is the 9-year/10-year forward rate (the 1year interest rate that could be locked in starting in 9 years from now and maturing in 10 years from now)? Use annual compounding 4500 6.4.751% OC5 263% d. 6.777%

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