单选题
The bond-equivalent yield (BEY) spot rates for U.S. Treasury yields are provided below.
| Period | Years | Spot Rate |
| 1 | 0.5 | 1.20% |
| 2 | 1.0 | 2.10% |
| 3 | 1.5 | 2.80% |
| 4 | 2.0 | 3.30% |
On a BEY basis, the 6-month forward rate one year from now is closest to:
【正确答案】
C
【答案解析】
C is correct because, the x-year forward rate y-years from now
All spotrates are given on a BEY basis and must bedivided by 2 in this calculation, or