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The following information was available as of the close of business June 1, 20XX, on...

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The following information was available as of the close of business June 1, 20XX, on government of Canada bonds. Coupon 7.00% 12.20% 10.20% Maturity June 1, 20XX + 1 June 1, 20XX + 2 June 1, 20xx + 3 Price 110.85 114.08 109.11 Yield 2.77 3.43 3.56 Calculate the anticipated one-year interest rate at 20XX + 2 (up to June 20XX + 3). (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Interest rate 2nd year 3rd year

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