Question
The 3-year zero rate is 5.04% and the 7-year zero rate is 7.44%. Both rates are continuously compounded annual rates. What is the forward rate
The 3-year zero rate is 5.04% and the 7-year zero rate is 7.44%. Both rates are continuously compounded annual rates. What is the forward rate for the period from when the shorter maturity zero matures until the time that the longer maturity zero matures?
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
