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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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