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Question
The variable f1,1 as used in the expectations theory is interpreted as the forward rate for one year:A. based on the prior one-year rate.
B. at 1 percent.
C. based on a 1 percent increase from the current rate.
D. commencing in one year.
E. based on a 1 percent probability of occurrence.
Answer
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Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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