Calculate the 90-day commercial paper

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Calculate the 90-day Commercial Paper (CP) forward rate starting day 270, if you know the following spot CP rates:

90-day: 2.35%

180-day: 2.42%

270-day: 2.39%

360-day: 2.93%

Provide your answer in percent, with four decimals.

Reference no: EM132478289

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