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In part d when we are calculating spot rates for 6 months we have used 116 to calculate the 6 month forward rate and in.part e while calculating spot rate for 6 months 128 mshs is been used please explain regarding spot rate how we come to.know that 116 is used in part d and 128 in part e thanks
Also please explain why the rates are calculates for 1.5 years 2.5 years and so.onnn
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