问题如下:
1. Based on Exhibit 1, the five-year spot rate is closest to:
选项:
A.4.4%
B.4.45%
C.4.5%
解释:
B is correct.
The five-year spot rate is determined by using forward substitution and using the known values of the one-year, two-year, three-year, and four-year spot rates as follows:
老师好 答案里的第三年4.37(1.035^3) 是否漏了? 谢谢。