Your credit risk manager at Caulfield Bank has provided you with the following information about market yield curves. The 1 year risk free Treasury Bonds is 0.5% and the 2 year risk free Treasury Bonds is 1.3%. The 1 year Corporate "BBB" Bonds is 3.9% and the 2 year Corporate "BBB" Bonds is 5.7%. Calculate the implied 1 year forward rate in percentage on the Treasury bond? Note: Do not write any % symbol in your answer. For example: if your answer is 2.88%, then simply write 2.88 NOT as 0.0288 or 2.88% Answer: Your credit risk manager at Caulfield Bank has provided you with the following information about market yield curves. The 1 year risk free Treasury Bonds is 0.5% and the 2 year risk free Treasury Bonds is 1.3%. The 1 year Corporate "BBB" Bonds is 3.9% and the 2 year Corporate "BBB" Bonds is 5.7%. Calculate the implied 1 year forward rate in percentage on the Treasury bond? Note: Do not write any % symbol in your answer. For example: if your answer is 2.88%, then simply write 2.88 NOT as 0.0288 or 2.88%