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You have derived the following spot rate curve and forward rates: Maturity (Years) Spot Rate (p.a.) 0.5 1.50% 1.0 2.15% 1.5 2.53% 2.0 2.84% Note:

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You have derived the following spot rate curve and forward rates: Maturity (Years) Spot Rate (p.a.) 0.5 1.50% 1.0 2.15% 1.5 2.53% 2.0 2.84% Note: All rates quoted above are continuously compounded. Forward Rate (p.a.) 1.50% 2.80% 3.29% ? Using the information in the table, the 6-month continuously compounded forward rate on an investment that starts in 1.5 years and matures in 2.0 years is closest to

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