Question
If you note the following yield curve in The Wall Street Journal , what is the one-year forward rate for the period beginning one year
If you note the following yield curve in The Wall Street Journal, what is the one-year forward rate for the period beginning one year from today, 2f1 according to the unbiased expectations theory? (Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g., 32.16))
| Maturity | Yield |
|---|---|
| One day | 1.14% |
| One year | 1.66 |
| Two years | 1.90 |
| Three years | 2.01 |
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Global Finance
Authors: Robert Holton
1st Edition
0415619165, 978-0415619165
