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We see the following yield curve for discount, or zero-coupon, bonds. Maturity Yield to Maturity 1 year 6% 2 years 7% 3 years 8% What

We see the following yield curve for discount, or zero-coupon, bonds.

Maturity Yield to Maturity

1 year 6%

2 years 7%

3 years 8%

What is the implied forward rate between year 2 and year 3?

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