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What is the meaning of the forward rate in the context of the term structure of interest rates? a . The forward rate is the
What is the meaning of the forward rate in the context of the term structure of interest rates?
a The forward rate is the inflation adjusted estimate of the future interest rate.
b The forward rate is the expected interest rate at a future point in time.
c The forward rate is the estimated riskless interest rate for a future period.
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