Can you answer question number 21 please

used some alternative measule l0l U about the observability and accuracy of real CFA8) interest rates c Consider the followin us tell you compared to nominal interest rates? spot interest rates for maturi- 21. Forward Interest Rates (LO3, CFA8) ties of one, two, three, and four years. 4.9% r3 5.6% r4 6.4% r1 4.3% What are the following forward rates, where f, refers to a forward rate for the in one year and extending for k years? period begihnting 1,1 1,2 9 1,3 Hint: Use the equation (1 + r)1 + to solve forf 2 Ferward Interest Rates (LO3, CFA9) Based on the spot interest rates in the used some alternative measule l0l U about the observability and accuracy of real CFA8) interest rates c Consider the followin us tell you compared to nominal interest rates? spot interest rates for maturi- 21. Forward Interest Rates (LO3, CFA8) ties of one, two, three, and four years. 4.9% r3 5.6% r4 6.4% r1 4.3% What are the following forward rates, where f, refers to a forward rate for the in one year and extending for k years? period begihnting 1,1 1,2 9 1,3 Hint: Use the equation (1 + r)1 + to solve forf 2 Ferward Interest Rates (LO3, CFA9) Based on the spot interest rates in the