Here is a table of spot rates. Find F[2,3] (the 1 year rate 2 years forward), and also F[3,5] (the 2 year rate, 3 years forward). Spot Rates rt Time t (yrs) Spot ratert 0.900% 1 2 1.600% 3 2.200% 2.700% 4 5 3.100% a. F[2,3] = 3.411% and F[3,5) = 4.215% O b. F[2,3] = 2.305% and F[3,5) = 4.215% OC. F[2,3] = 3.411% and F[3,5] = 4.465% d. F[2,3] = 1.600% and F[3,5) = 3.100% O e. F[2,3] = 2.305% and F[3,5] = 4.465% Certainty : C=1 (Unsure: 67%) C=3 (Quite sure: >80%)