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Year 1-Year Forward Rate 1 4.6% 2 4.9% 3 5.2% 4 5.5% 5 5.8% What is the yield to maturity of a 1-year bond?
Year 1-Year Forward Rate
1 4.6%
2 4.9%
3 5.2%
4 5.5%
5 5.8%
What is the yield to maturity of a 1-year bond?
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