Question: Calculate the implied spot rate if the 3-year discount factor is 0.8950 and you assumed semi- annual compounding. The spot rate should be displayed as

Calculate the implied spot rate if the 3-year discount factor is 0.8950 and you assumed semi- annual compounding. The spot rate should be displayed as an annual figure. 1.95% 3.73% 1.86% 3.50%
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