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Refer to the previous question. What is the implied 90-day forward rate at the beginning of the second quarter?


Definitions:

Centimeters

A unit of length in the metric system, equivalent to one hundredth of a meter.

Inches

A unit of length in the imperial and US customary systems, equivalent to 1/12th of a foot.

Dimensional-analysis

A technique utilized for converting measurements by applying the fundamental properties of dimensions associated with the variables involved.

Centimeters

A unit of length in the metric system, equal to one hundredth of a meter, commonly used to measure small distances.

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