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Which one is correct? Multiple Choice O The operation of the forward rate market depends on current forward rates exceeding current spot rates. O The

Which one is correct?

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Multiple Choice O The operation of the forward rate market depends on current forward rates exceeding current spot rates. O The operation of the forward rate market depends on current spot rates exceeding current forward rates over time. O The operation of the forward rate market depends on current spot rates equaling current forward rates, on average, over time. O The operation of the forward rate market depends on forward rates equaling the actual future spot rates on average over time. O The operation of the forward rate market depends on current spot rates equaling the actual future spot rates on average over time. the operateru

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