What Is The Rate At Year 3 For A 10 Year Treasury Bill With A Spot Rate

is there someone on line that is familiar with calculating forward rates. The question asks what is the rate at year 3 for a 10 year treasury bill with a spot rate of 3% plus a 3% mark up. at the end of year 3, the annual interest rate for the remaining seven years of the mortgage will be then set at whatever the 7 year us treasury interest rate is at that time plus the 3% mark up. The 10 year treasury rate is currelty 4. 5% annualized rate. I need to know what the rate will be after three years for the 7 year treasury? 1. 045^10=1. 02^3 * E[i1,4])-1

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