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Use the information in the table to calculate the expected spot rate in year 2. Zero Coupon Bond Prices & Yields (FV = $100) Maturity

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Use the information in the table to calculate the expected spot rate in year 2. Zero Coupon Bond Prices & Yields (FV = $100) Maturity Price Yield 1 94.340 6.000% 2 88.581 6.250% Express your answer in percentage form rounded to one decimal place

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