Calculate the spot rates, forward rates given, calculate

Calculate the spot rates

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Reference no: EM1339087

Given the following forward rates, calculate the one,two,three and four year spot rates:

Forward time period ----- Forward rate

f0,1 ------- 10.0%

f1,2 ------- 9.5%

f2,3 ------- 9.0%

f3,4 ------- 8.5%

Reference no: EM1339087

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