NO.PZ2018123101000009
问题如下：
The one-year spot rate r(1) = 4%, the forward price for a one-year zero-coupon bond beginning in one year is 0.9434. The current price of a two-year zero-coupon bond is closest to:
选项：
A. 0.91
B. 0.89
C. 0.93
解释：
A is correct.
考点：Forward price概念
解析：已知1年后的1-year zero-coupon bond的forward price是0.9434，则当前时刻这个2年期的零息债券价格等于：
这个算出来的price不用开方吗？
