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    If the 5-Year Spot Rate Is 10% and the 4-Year
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If the 5-Year Spot Rate Is 10% and the 4-Year

Question 33

Question 33

Multiple Choice

If the 5-year spot rate is 10% and the 4-year spot rate is 9%, what is the one-year forward rate of interest four years from now?


A) 14.1%
B) 9.5%
C) 1.0%
D) 11.0%

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