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- 2011-7-11
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- 2013-9-26
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smuggycfa Wrote:
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Oh ya, the rate is an annual rate so it needs to be adjusted for time periods.
> >
>
> I think this will be
> (1 + 2yrs spot rate)^2 (1+ 1 yr fwd rate 2 yrs
> from now) = (1 + 3 yrs spot rate)^3 |
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