Question: Using the Rates Below, please calculate the Long-Term Spot rate from the combination below. 1 year spot rate = 3.1% 2 year forward rate =

Using the Rates Below, please calculate the Long-Term Spot rate from the combination below.

1 year spot rate = 3.1%

2 year forward rate = 3.6% **

Please enter rates as whole numbers (ex: 0.0235 as 2.35) **

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