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Which of the following statements concerning spot rates, forward rates and yields is true? Spot rates are geometric means of YTMs which are a cash-weighted
Which of the following statements concerning spot rates, forward rates and yields is true?
Spot rates are geometric means of YTMs which are a cash-weighted average of forwards
YTMs are (cash) weighted averages of spot rates which, are geometric averages of forwards
Spot rates are (cash) weighted averages of forward rates which, are geometric averages of YTMs
Forwards are (cash) weighted averages of spot rates which, are geometric averages of YTMs
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