问题如下：
The current annual spot rates are showed below: 1 year = 2%, 2 years = 2.5%, 3 years = 3.5%, 4 years = 5.5%. What's the two-year forward rate two years into the future?
选项：
A.6.6%.
B.8.6%.
C.10.6%.
解释：
B is correct.
The forward rate is [ 1.0554 / 1.0252]1/2−1=8.6%.
老师好，为什么不可以这样算呢（1+2%）*（1+2.5%）*（1+2y2y）^2=(1+5.5%)^4?
