The six-month and one-year discount factors are, respectively, d(0.5) = 0.9920 and d(1.0) = 0.9760. What is the implied six-month forward rate, under semi-annual compounding?
The six-month and one-year discount factors are, respectively, d(0.5) = 0.9920 and d(1.0) = 0.9760. What is the implied six-month forward rate, under semi-annual compounding? A.2.34%; B.3.28%; C.3.95%; D.4.01%