**Question 43 of 100**
The 6-month forward rate (on an annualized basis) for an investment that matures in 1.5 years is closest to: | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
Explanation:
The forward rate can be calculated as {[(1+0.022/2)3/(1+0.018/2)2]−1}×2=3%.
(Book 4, Module 56.2, LO 56.c)
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Question 43 of 100
The 6-month forward rate (on an annualized basis) for an investment that matures in 1.5 years is closest to:
