Question: Consider the Cox, Ingersoll, and Ross model where the current short-term rate is 2%, the long- run mean is 6%, the instantaneous standard deviation is

Consider the Cox, Ingersoll, and Ross model where the current short-term rate is 2%, the long- run mean is 6%, the instantaneous standard deviation is 10%, and the rate of adjustment is 0.4. Derive the interest rates for 1,2,3,4, and 5 year maturities.

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