2:

Consider the following spot rate curve:

• 6-month spot rate: 6%.
• 12-month spot rate: 10%.
• 18-month spot rate: 13%.

What is the forward rate for a 6-month zero coupon bond issued one year from today? Equivalently, the question asks for f₁², where 1 time period consists of 6 months. Remember, like spot rates, forward rates are expressed as bond-equivalent yields.

Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321.

Asking for the value of the rate, not bond. https://www.chegg.com/homework-help/questions-and-answers/consider-following-spot-rate-curve-next-2-questions-6-month-spot-rate-5--12-month-spot-rat-q30871190