Show explicitly that if the spot rate curve is flat [with $s(k)=r$ for all $k$ ], then

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Show explicitly that if the spot rate curve is flat [with $s(k)=r$ for all $k$ ], then all forward rates also equal $r$.

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Investment Science

ISBN: 9780199740086

2nd Edition

Authors: David G. Luenberger

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Question Posted: Apr 19, 2024 02:00 AM

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Show explicitly that if the spot rate curve is flat [with $s(k)=r$ for all $k$ ], then

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Investment Science

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