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Business, 17.12.2021 02:10 star3554

Given the yield on a 3-year zero-coupon bond is 7% and forward rates are 6% in year 1 and 6.5% in year 2, what must be the forward rate in year 3

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Given the yield on a 3-year zero-coupon bond is 7% and forward rates are 6% in year 1 and 6.5% in ye...
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