What is the relationship between the one-year spot rate, the two-year spot rate, and the forward rate

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What is the relationship between the one-year spot rate, the two-year spot rate, and the forward rate over the second year?

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Corporate Finance

ISBN: 9781259270116

8th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss

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