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Use the table for the question(s) below. There are 3 risk-free bonds currently trading at the following prices/yields: Yield to maturity is expressed as an

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Use the table for the question(s) below. There are 3 risk-free bonds currently trading at the following prices/yields: Yield to maturity is expressed as an annualized simple interest rate compounded annually. What is the forward rate, f2,3 ? Choose the closest answer. 6.69% None of the other answers are correct. 4.39% 5.18% 5.93%

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