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What one-year forward rates are implied by the following spot rates? Maturity Year Spot Rate (ru) Forward Rate (F) 1 4.0% 2 5.0% 3 5.5%

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What one-year forward rates are implied by the following spot rates? Maturity Year Spot Rate (ru) Forward Rate (F) 1 4.0% 2 5.0% 3 5.5%

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