Question: The current forward curve is (0.5%,1%,1.08%,0.7%), where the first value is a one year spot rate and the following three numbers are the one year

The current forward curve is (0.5%,1%,1.08%,0.7%), where the first value is a one year spot rate and the following three numbers are the one year forward rates. What is the discount factor of the cash flow paid 4 years from today?

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