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
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
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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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