Question: cu response. (10 Marks) Question 3 Provide two interpretations for the following forward rate: The two-year forward rate one year from now is 2%. (10

 cu response. (10 Marks) Question 3 Provide two interpretations for the

cu response. (10 Marks) Question 3 Provide two interpretations for the following forward rate: The two-year forward rate one year from now is 2%. (10 Marks) As an assistant portfolio manager you have been requested to explain the impact of taxes on interest income. Provide a detailed response. (10 Marks)

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