Question
If the one-and-a-half-year spot rate is 0.522%, the six-month rate, six months forward is 0.523%, and the six-month rate, one-year forward is 0.692%, then what
If the one-and-a-half-year spot rate is 0.522%, the six-month rate, six months forward is 0.523%, and the six-month rate, one-year forward is 0.692%, then what is the six-month spot rate? Assume that the market is arbitrage-free.
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Financial Performance
Authors: Marc Bertoneche, Rory Knight
1st Edition
0750640111, 978-0750640114
