The price of a six-month zero-coupon bond (bill) is $99.90 and the price of a one-year zerocoupon bond is $98.56. What is the implied six-month forward rate, under semi-annual compounding?
The price of a six-month zero-coupon bond (bill) is $99.90 and the price of a one-year zerocoupon bond is $98.56. What is the implied six-month forward rate, under semi-annual compounding? A.1.30%; B.2.95%; C.2.72%; D.3.08%