Question
If the current one year spot rate is 1.45% and the current two year spot rate is 1.78%, what is the one year forward rate
If the current one year spot rate is 1.45% and the current two year spot rate is 1.78%, what is the one year forward rate at the end of one year, assuming semi-annual compounding of spot rates and forward rates?
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Financial Management Principles And Applications
Authors: Arthur J. Keown
9th Edition
013033362X, 9780130333629
