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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 answer to 2 decimal places. (e.g., 32.16))
Maturity | Yield | ||
One day | 2.23 | % | |
One year | 2.55 | ||
Two years | 2.79 | ||
Three years | 2.90 | ||
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