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You borrow 75 today and repay 78 in one year. You also lend 75 today, and receive 82.3 in two years. i. Calculate the 1-year

You borrow 75 today and repay 78 in one year. You also lend 75 today, and receive 82.3 in two years.

i. Calculate the 1-year and 2-year interest rates.

ii. Calculate the forward interest rate.

N.B. Please show explanation and steps of calculations

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