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Assume that you have been able to compute the following spot rates and forward rates (all rates are annual rates shown on a bond-equivalent basis):

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Assume that you have been able to compute the following spot rates and forward rates (all rates are annual rates shown on a bond-equivalent basis): What is the missing annual forward rate on a bond equivalent basis (to the nearest second decimal place)? Selectone: a. The missing annual forward rate is in between 6.19% and 6.23%. b. The missing annual forward rate is in between 7.40% and 7.44%. c. None of the other answers given. d. The missing annual forward rate is in between 4.98% and 5.02% e. The missing annual forward rate is in between 3.48% and 3.52%

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