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What one-year forward rates are implied by the following spot raton? Maturity Year Spot Rate () Forward Rate (f) 1 4.0% 2. 5.0% 00 3

What one-year forward rates are implied by the following spot raton? Maturity Year Spot Rate () Forward Rate (f) 1 4.0% 2. 5.0% 00 3 5.5%

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