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The four-year zero rate is 6% and the five-year zero rate is 7.35%. What is the forward rate for the fifth year? All rates are
The four-year zero rate is 6% and the five-year zero rate is 7.35%. What is the forward rate for the fifth year? All rates are continuously compounded.
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Financial Markets And Institutions An Introduction To Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
3rd Edition
0073250937, 9780073250939
