Question
All rates in this question are quoted with semi-annual compounding. You observe two spot rates. The 18 month spot rate is 12.00%, while the 27
All rates in this question are quoted with semi-annual compounding. You observe two spot rates. The 18 month spot rate is 12.00%, while the 27 month spot rate is 14.90%. What is the forward rate from 18 months to 27 months?
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Derivatives And Internal Models
Authors: Hans Peter Deutsch, Mark W. Beinker
5th Edition
3030229017, 9783030229016
