If t i 1 > t i 2 what is the market consensus forecast about the one-year

Question:

If ti1 > ti2 what is the market consensus forecast about the one-year forward rate one year from now? Is this rate above or below today’s one-year interest rate? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: