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The following table gives the term structure of spot interest rates. If the one-year forward rate for year 3 is 6.5%. calculate X. 5-36% 5.20%
The following table gives the term structure of spot interest rates. If the one-year forward rate for year 3 is 6.5%. calculate X. 5-36% 5.20% 5.04 % 4.95 % 11.61 %
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