Question: Use this information for the next two questions. The current yield curve for default-free zero-coupon bonds is: Maturity (years) YTM (%) Bond Price Forward Rate
Use this information for the next two questions. The current yield curve for default-free zero-coupon bonds is:
Maturity (years) YTM (%) Bond Price Forward Rate
1 10
2 11
3 12
a) What is the implied forward rate f2,3 ? (Format of the answer: 5.12 but don't include % symbol, round to 2 digits.)
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