No excel solutions please The swap curve for interest rate swaps that swap floating...

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No excel solutions please
The swap curve for interest rate swaps that swap floating interest for fixed interest has the following swap rates (annual effective rates) Term Swap Rate 5% 1-year 2-year 3-year 4-year 5.3% 5.5% 5.5% Find the one-year forward two year deferred annual effective rate of interest (D) At least 0.059 but less than 0.061 (E) At least 0.061 (A) Less than 0.055 (B) At least 0.055, but less than 0.057 (C) At least 0.057, but less than 0.059

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