Suppose that the time interval on an HJM tree is h and the forward rate process is
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Suppose that the time interval on an HJM tree is h and the forward rate process is binomial:
![Show that for T = t + h f(t+h, T) = f(t, T) +ah oh = -In[cosh(o h/)] h](https://dsd5zvtm8ll6.cloudfront.net/images/question_images/1704/9/6/1/775659fa6ef37d011704961775575.jpg)
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When Tth we are dealing with the one period ahead spot rate ie ...View the full answer
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