Question: Year 1-Year Forward Rate 1 4.6 % 2 4.9 % 3 5.2 % 4 5.5 % 5 6.8 % What is the yield to maturity

Year 1-Year Forward Rate
1 4.6 %
2 4.9 %
3 5.2 %
4 5.5 %
5 6.8 %

What is the yield to maturity of a 5-year bond?

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