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If the current 1-year spot rate is 2%, the 1-year forward rate one year from...

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Finance

If the current 1-year spot rate is 2%, the 1-year forward rate one year from today is 3%, and the 1-year forward rate two years from today is 4%, what is the 3-year spot rate?

Please include calculations and the aswers. I need to show a complete aswer with step by step calculations.

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