单选题 Suppose that the one-year forward rate starting one year from now is 6%. Which of the following statements is TRUE under the pure expectations hypothesis? The expected: A. future risk premium for short-term bills is 6%. B. future one-year spot rate in one year's time is equal to 6%. C. future risk premium for long-term bonds is 6%.
【正确答案】 B
【答案解析】Under the pure expectations hypothesis, forward rates are equal to expected future spot rates.