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You obsorve that one-, two-, and three-year maturity, default-free, zero-coupon bonds have YTM of 7%,7.8%, and 7,5%, respectively. Based on the expectabions theory, what is

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You obsorve that one-, two-, and three-year maturity, default-free, zero-coupon bonds have YTM of 7%,7.8%, and 7,5%, respectively. Based on the expectabions theory, what is the implied one-vear forward rate, two years from today? A. 8.625 8. 690% c. 8.124 0.7.39\%

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