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Use the following information for Questions 9 - 10. Time Period Oyly Oy2y Oy3y Oy4y Oy5y Rate 5.000% 6.030% 7.097% 8.216% 9.407% 9. (4 pts.)

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Use the following information for Questions 9 - 10. Time Period Oyly Oy2y Oy3y Oy4y Oy5y Rate 5.000% 6.030% 7.097% 8.216% 9.407% 9. (4 pts.) What is the 2y2y forward rate? 10. Which of the following best describes what you would use the 2y2y rate you found above to do? a. It allows you to find the value at t = 0 of a cash flow occurring at t = 3. b. It allows you to find the value at t = 1 of a cash flow occurring at t = 2. c. It allows you to find the value at t = 2 of a cash flow occurring at t = 4. d. It allows you to find the value at t = 4 of a cash flow occurring at t = 5. e. None of the above

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