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4. On January 13, 2023, the 6-month (26 weeks) Treasury bill spot rate was 4.81%, and the 1-year (52 weeks) Treasury bill spot rate was
4. On January 13, 2023, the 6-month (26 weeks) Treasury bill spot rate was 4.81%, and the 1-year (52 weeks) Treasury bill spot rate was 4.69%. What is the implied 6-month forward rate for six months from now? Hint: The 4.81% and 4.69% are annual vates, so you need to convert to semiannual rates
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