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Using the yields on government zero coupon bonds given in the table, what is the forward rate in the third year? Express your answer
Using the yields on government zero coupon bonds given in the table, what is the forward rate in the third year? Express your answer in percentage form rounded to one decimal place. Yields on Gov't Zero Coupon Bonds Maturity 1 2 3 Yield 1.6% 2.7% 3.5%
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