The following is a list of prices for zero-coupon bonds, Ask an Expert

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The following is a list of prices for zero-coupon bonds with different maturities and par value of $1,000.

1 Years $925.16

2 Years $862.57

3 Years $788.66

4 Years $711.00

What is, according to the expectations theory, the expected forward rate in the third year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91787271

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