Business, 07.04.2020 00:22, perezsamantha3oqr0za

Given the following spot rates on CDs: 1-year CD: 3% 2-year CD: 6% 4-year CD: 7% 5-year CD: 8% find the interest rate on 1-year CDs, 4 years forward. Express your answer as a percentage with three digits after the decimal point. Do NOT enter the percentage sign (%).

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Given the following spot rates on CDs: 1-year CD: 3% 2-year CD: 6% 4-year CD: 7% 5-year CD: 8% find...