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What is the 1-year forward rate 3 years from now if the current 3-year interest rate is 5.50%? a. The rate cannot be calculated from
What is the 1-year forward rate 3 years from now if the current 3-year interest rate is 5.50%?
a. The rate cannot be calculated from the information above. b. Above 5.50% c. Below 5.50% d. 5.50% less current risk-free rate
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