If the 2-year spot rate is 11.5% (non-annualized), and the year 2-7 forward rate is...
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Accounting
If the 2-year spot rate is 11.5% (non-annualized), and the year 2-7 forward rate is 13.0% (non-annualized), what is the 7-year spot rate (non-annualized)? Give your answer in percentage to the closest basis point.
Selected Answer:
[None Given]
Correct Answer:
26.00 0.01
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