题目
Given the following bonds and forward rates:「huixue_img/importSubject/1564170384545288192.png」
1-year forward rate one year from today = 9.56%
1-year forward rate two years from today = 10.77%
2-year forward rate one year from today = 11.32%
Which of the following statements about the forward rates, based on the bond prices, is true?
选项
A.The 1-year forward rate one year from today is too low.
B.The 2-year forward rate one year from today is too high.
C.The 1-year forward rate two years from today is too low.
D.The forward rates and bond prices provide no opportunities for arbitrage.
答案
C
解析
The solution is as follows:「huixue_img/importSubject/1564170384624979968.jpeg」