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Business, 17.02.2020 19:54 24lcallis

The annualized yield on a three-year security is 13 percent; the annualized two-year interest rate is 12
percent, while the one-year interest rate is 9 percent. The forward rate one-year ahead is percent.

A) 2.8
B) 115
C) 103
D) 15.1

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