If the two-year zero-coupon bond yield is 4% per year and the three-year zero coupon...
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Finance
If the two-year zero-coupon bond yield is 4% per year and the three-year zero coupon bond yield is 4.8% per year, determine the rate on the 24x36 FRA contract. Assume yearly compounding.
A. 6.4% B. 4.4% C. 5.6% D. 4.8%
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