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What is the 2-year forward rate in 2 years time based upon the following data Term Spot Rate 1 year 4.65% 2 years 4.84% 3
What is the 2-year forward rate in 2 years time based upon the following data
Term | Spot Rate |
1 year | 4.65% |
2 years | 4.84% |
3 years | 4.99% |
4 years | 5.15% |
Express your answer as a percentage eg not 0.0574 but 5.74
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