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Year 1 2 3 4 Spot Curve 10 9 8 7 Given the above spot-yield curve below, determine the forward rates. Year Forward Maturity 1

Year 1 2 3 4
Spot Curve 10 9 8 7

Given the above spot-yield curve below, determine the forward rates.

Year Forward
Maturity 1 2 3
1 a b c
2 d e
3 f

Please show all work for calculations, thanks!

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