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The table below shons thot the spots mate for the gien lengths ot time Number o+ year s ffective annual spot rate 2-5% 3.1% 31%

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The table below shons thot the spots mate for the gien lengths ot time Number o+ year s ffective annual spot rate 2-5% 3.1% 31% 3.6% 4.0 % 2 Calculate the swap rate f- a two-year deftered , three - yeu inter est rte wap with seletlement at the endthe yar

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