Consider the following: today's interest rate for a 15-year bond is 8%; today's interest rate for a 4-year bond is 4%; t

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answerhappygod
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Consider the following: today's interest rate for a 15-year bond is 8%; today's interest rate for a 4-year bond is 4%; t

Post by answerhappygod »

Consider the following: today's interest rate for a 15-year bond
is 8%; today's interest rate for a 4-year bond is 4%; the interest
rate for a 5-year bond, expected in 4 years s 5%. Find the
approximate interest rate for a 6-year bond expected in 9 years.
Make sure to express your answers as a percentage. Round your
answers to the nearest 100th decimal point.
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