1. Question 59

   1 Point

   The following information applies to the next 3 questions.

   What is the estimated 1-year spot interest rate for Treasury securities?

   1. 5%

   2. 6%

   3. 7%

   4. 8%

   5. 9%

2. Question 60

   1 Point

   What is the estimated 2-year spot interest rate for Treasury securities?

   1. 5%

   2. 6%

   3. 7%

   4. 8%

   5. 9%

3. Question 61

   1 Point

   What is the estimated forward interest rate for the 1-year period starting 1/1/2006?

   1. 5%

   2. 6%

   3. 7%

   4. 8%

   5. 9%