单选题 The current 4 - year spot rate is 4% and the current 5 - year spot rate is 5.5%. What is the 1 - year forward rate in four years?
  • A. 8.62%.
  • B. 9.58%.
  • C. 11.72%.
【正确答案】 C
【答案解析】1f4=(1.055)5/(1.04)4-1=0.1172