Assume that the prices of zero-coupon bonds with various matures are given in the following...

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Finance

  1. Assume that the prices of zero-coupon bonds with various matures are given in the following table. what must be the forward rate in year 3?

    (Round your intermediate calculations to 3 decimal places. Round your final percentage answer to 2 decimal places. (e.g., 32.16))

    Time to maturity

    Price ($)

    1

    900

    2

    825

    3

    780

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