NO.PZ2023040701000004
问题如下：
Consider spot rates for three zero-coupon bonds: r(1) = 3%. r(2) = 4%. and r(3) = 5%. Which statement is correct? The forward rate for a one-year loan beginning in one year will be:
选项：
A.
less than the forward rate for a one-year loan beginning in two-years.
B.
greater than the forward rate for a two-year loan beginning in one-year.
C.
greater than the forward rate for a one-year loan beginning in two-years.
解释：
Correct Answer: A
The forward rate for a one-year loan beginning in one-year f(1,1) is 
The rate for a one-year loan beginning in two-year f(2,1) is 
.This confirms that an upward sloping yield curve is consistent with an upward sloping forward curve.
印象中曾说过不同起始时间点的forward rate不能比较，因为不在同一条找上。但何老师在经典题视频却放在一起比较，请老师指教
