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The following is a list of prices for zero-coupon bonds with different maturities and par values of $1,000. Maturity (Years): 1, 2, 3, 4 Prices:
The following is a list of prices for zero-coupon bonds with different maturities and par values of $1,000.
Maturity (Years): 1, 2, 3, 4
Prices: 943.40, 881.68, 808.88, 742.09
According to the expectations theory, what are the forward rates for each year?
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