Question: Suppose that a one-year zero coupon bond with face value 100 is selling for 98 and a two-year zero coupon bond with face value 100

Suppose that a one-year zero coupon bond with face value 100 is selling for 98 and a two-year zero coupon bond with face value 100 is selling for 95. What is the implied forward rate between years 1 and 2?

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