Question: 1. (5 points) The following function generates the t-year forward rates: 21,+1] = 0.044 +0.0050 - 0.000152 What is the 3-year spot rate (83)? A.

 1. (5 points) The following function generates the t-year forward rates:

1. (5 points) The following function generates the t-year forward rates: 21,+1] = 0.044 +0.0050 - 0.000152 What is the 3-year spot rate (83)? A. 4.9% B. 5.2% C. 5.8% D. 6.8% E. 15.3%

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