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The term structure of interest rates is as follows: Maturity Spot Rate 1 1 4 % 2 1 2 % 1 . What is the

The term structure of interest rates is as follows:
Maturity Spot Rate
114%
212%
1. What is the forward rate for one year, one year from now (f1,1)?
2.If the forward rate for two years, one year from now (f2,1) is equal to 9%, then what is the spot rate with maturity 3 years (r3)?

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