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You note the following yield curve in The Wall Street Journal . According to the unbiased expectations theory, what is the one-year forward rate for
You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the one-year forward rate for the period beginning two years from today, 3f1? (Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g., 32.16))
Maturity | Yield |
---|---|
One day | 1.57% |
One year | 2.09 |
Two years | 2.33 |
Three years | 2.44 |
one- year forward rate for 3 years: (need percentage answered) %
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