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You are given the following information: A deposit of $ 1 0 0 at time 0 accumulates to $ 1 1 4 . 2 3
You are given the following information: A deposit of $ at time accumulates to $ in years The month spot rate nominal annual rate compounded continuously fnominal annual rate compounded continuouslyCompute the year forward rate in years f compounded continuously.HINT: the math is easier if you compute the interest rate earned over the year period as a nominal annual rate on a compounded continuous basis and use this rate to compute f
Complete the problem and give me all the process with the numbers. Thank you!
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