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Which of the following is not a correct definition of forward rate Question 4 4 Select one: a . Marginal reward for lengthening the maturity

Which of the following is not a correct definition of forward rate

Question

44

Select one:

.

Marginal reward for lengthening the maturity of the investment by certain period

.

"Equals to the spot rate plus any earnings from the security, plus any finance charges"

.

Rate of interest applicable to an instrument between two future dates contracted today

.

A discount rate for a payment from closer future date to a distant future date

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