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(Solved): The following table shows yields to maturity on U.S. Treasury securities as of January 1, 2024: Term ...



The following table shows yields to maturity on U.S. Treasury securities as of January 1, 2024: Term to Maturity (Years)Yield to Maturity (%)13.1024.3035.1045.5056.20106.60 Based on the data in the table, calculate the implied forward one-year rate of interest on January 1, 2027 (i.e. the one-year rate, three years forward). Do not round intermediate calculations. Round your answer to two decimal places. %



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