Question: What is the forward rate for year 5 (the forward rate quoted today for an investment that begins in four years and matures in fiveyears)?

What is the forward rate for year 5 (the forward rate quoted today for an investment that begins in four years and matures in fiveyears)?

What is the forward rate for year 5 (the forward

Maturity (years) Zero-coupon YTM 4 5.0% 4.0% 5.5% 5.5% 4.5%

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