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YTM Years 1 8% 2 12% 3 15% 4 18% 5 14% 6 10% 7 9% Find the market's forecast for four year rates, three
| YTM | Years |
| 1 | 8% |
| 2 | 12% |
| 3 | 15% |
| 4 | 18% |
| 5 | 14% |
| 6 | 10% |
| 7 | 9% |
Find the market's forecast for four year rates, three years from now.
a) -.0194
b) .0901
c) .0471
d) .1324
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
