Question: Continuously compounded LIBOR spot rates per annum for 18- and 24-months are 1.76% and 1.92%. What is the 6-month forward rate 18 months from now?

Continuously compounded LIBOR spot rates per annum for 18- and 24-months are 1.76% and 1.92%. What is the 6-month forward rate 18 months from now?

A. 3.24%

B. 2.24%

C. 2.40%

D. 1.84%

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