Question: One-, two-, and three-year maturity, default-free, zero-coupon bonds have yields to maturity of 9%, 10%, and 11%, respectively. What is the implied 1-year forward rate
One-, two-, and three-year maturity, default-free, zero-coupon bonds have yields to maturity of 9%, 10%, and 11%, respectively. What is the implied 1-year forward rate 1 year from today? 11.0196 19.9% 9.01% 10.01%
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