Question: Use the information in the table to calculate the expected spot rate in year 2. Zero Coupon Bond Prices & Yields (FV = $100)

Use the information in the table to calculate the expected spot rate

Use the information in the table to calculate the expected spot rate in year 2. Zero Coupon Bond Prices & Yields (FV = $100) Maturity 1 2 Price 7 X % 94.340 88.581 Yield 6.000% 6.250% Express your answer in percentage form rounded to one decimal place.

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