Assume u are given that the forward 3 year yield 5 years from now is...
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Accounting
Assume u are given that the forward 3 year yield 5 years from now is 4%. Assuming that the 5 year yield is 6% what is the implied 8 year current yield ( Hint: Use the formula and solve for the 8 year yield - easy pizzy!!)
5.25%
5.1%
4.2%
NONE OF THE ABOVE
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