Question: One-, two-, and three-year maturity, default-free, zero-coupon bonds have yields to maturity of 6.7%, 7.7%, and 8.1%, 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 6.7%, 7.7%, and 8.1%, respectively. What is the implied 1-year forward rate 1 year from today? (please use or round to 4 decimal places, for example, if your answer is 6.9832%, enter 0.0698) Yori Arior
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