When the forward rate is equal to the expected future spot rate, the forward rate is said to be __________ the future spot rate. Group of answer choices a   an information signal for b.  an unbiased predictor of c.  a hedge for d.  in parity with the expected future spot rate

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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When the forward rate is equal to the expected future spot rate, the forward rate is said to be __________ the future spot rate.
Group of answer choices
a   an information signal for
b.  an unbiased predictor of
c.  a hedge for
d.  in parity with the expected future spot rate
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