The 9-year spot rate is 3.50% and the 10-year spot rate is 3.60%. What is the...
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The 9-year spot rate is 3.50% and the 10-year spot rate is 3.60%. What is the 9-year/10-year forward rate (the 1-year interest rate that could be locked in starting in 9 years from now and maturing in 10 years from now)? Use annual compounding and express the answer in percentage points to the nearest 3rd decimal (so 3.555% would be entered as "3.555"). The 9-year spot rate is 3.50% and the 10-year spot rate is 3.60%. What is the 9-year/10-year forward rate (the 1-year interest rate that could be locked in starting in 9 years from now and maturing in 10 years from now)? Use annual compounding and express the answer in percentage points to the nearest 3rd decimal (so 3.555% would be entered as "3.555").
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