单选题 The following interest rate information is observed:
Spot Rates
1 year
10%
2 years
11%
3 years
12%
Based on this data, the 2 - year forward rate one year from now is closest to:
  • A. 11%.
  • B. 12%.
  • C. 13%.
【正确答案】 C
【答案解析】2f1=[(1+23)1+2/(1+z1)1]1/2-1=[(1+12)3/(1.10)]1/2-1=13.01%