Question: 9. Using the spot interest rates below, what is the forward rate that corresponds to f1,3? Horizon Rate 1 2.3% 2. 2.9% 3 3.0% 4

9. Using the spot interest rates below, what is the forward rate that corresponds to f1,3? Horizon Rate 1 2.3% 2. 2.9% 3 3.0% 4 3.4% a. 2.7% b. 3.1%% C. 3.4% d. 3.8%
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