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Spot Rates and Forward Rates. Prove the following relationship between continuously compounded T-period spot rate R(0, T) and forward rates f (t 1, t), t
Spot Rates and Forward Rates. Prove the following relationship between continuously compounded T-period spot rate R(0, T) and forward rates f (t 1, t), t = 1, 2, ..., T: R(0, T) = 1/T ^T, t=1 f(t 1, t).
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Forex This Book Includes Forex Beginners Forex
Authors: Jordon Sykes
1st Edition
154063180X, 978-1540631800
