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The one year rate today (the spot) rate, is 2.1%. The two year spot rate is 3.0% Calculate the implied one year forward rate. Carry

The one year rate today (the "spot") rate, is 2.1%. The two year spot rate is 3.0% Calculate the implied one year forward rate. Carry out to the level of Basis Points (that is, to 1/100 of a percent).

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