Given the following forward rates, calculate the one-, two-, three-, and four-year spot rates. Forward Time Period

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Given the following forward rates, calculate the one-, two-, three-, and four-year spot rates.
Forward Time Period Forward Rate
f0.1........................................10.0%
f1.2........................................9.5
f2.3........................................9.0
f3.4........................................8.5
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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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