Question: ANSWER WITHIN 10 MIN PLEASE ASAP The yield to maturity on one-year zero-coupon bonds is 9.1%. The yield to maturity on two-year zero-coupon bonds is

ANSWER WITHIN 10 MIN PLEASE ASAP
ANSWER WITHIN 10 MIN PLEASE ASAP The yield to maturity on one-year

The yield to maturity on one-year zero-coupon bonds is 9.1%. The yield to maturity on two-year zero-coupon bonds is 9.7%. What is the forward rate of interest for the second year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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