Forward rates are market interest rates in the important sense that commitments to forward (i.e., deferred) borrowing

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Forward rates are market interest rates in the important sense that commitments to forward

(i.e., deferred) borrowing or lending arrangements can be made at these rates. P-639

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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