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The spot rate: USD 1.21/EUR 2-year USD YTM=0.11% 2-year EUR YTM=-0.72%. Solve for the no-arbitrage 2-year forward rate. please round to 2 decimal places.

The spot rate: USD 1.21/EUR

2-year USD YTM=0.11%

2-year EUR YTM=-0.72%.

Solve for the no-arbitrage 2-year forward rate. please round to 2 decimal places.

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