Question
Consider the following spot interest rates for maturities of one, two, three, and four years. r 1 = 4.7% r 2 = 5.2% r 3
Consider the following spot interest rates for maturities of one, two, three, and four years.
r1 = 4.7% r2 = 5.2% r3 = 5.9% r4 = 6.7%
Assuming a constant real interest rate of 2 percent, what are the approximate expected inflation rates for the next four years?
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Financial Times Guide To The Financial Markets
Authors: Glen Arnold
1st Edition
0273730002, 978-0273730002
