Question: Click to see additional instructions The 1-year LIBOR rate is 5.2% with quarterly compounding. The 3-month forward rate, calculated from a Eurodollar futures contract that

Click to see additional instructions The 1-year LIBOR rate is 5.2%

Click to see additional instructions The 1-year LIBOR rate is 5.2% with quarterly compounding. The 3-month forward rate, calculated from a Eurodollar futures contract that matures in 15 months, is 6.8% with continuous compounding. To two decimal places, an extimate of the 15 -month LIBOR rate, with quarterly compounding, is %

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