NO.PZ2022123001000157
问题如下：
Italian one-year government debt has an interest rate
of 0.73 percent; Italian two-year government debt has an interest rate of 1.29
percent. The breakeven one-year reinvestment rate, one year from now is closest
to:
选项：
A.1.01 percent
1.11 percent
1.85 percent
解释：
C is correct. The one-year
forward rate reflects the breakeven one-year reinvestment rate in one year,
computed as follows:
F1,1 = (1+r2)2/(1+r1)
– 1,
F1,1
= (1.0129)2/(1.0073) – 1 = 0.0185.
题目中给的1.29%是ytm吧不是spot rate，我理解应该用ytm给解出来spot rate，才能计算forward rate 呀
