Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 5 of 9
In the binomial interest rate tree, the mean of two possible rates at each node is:
B. The implied forward rate
C. The actual spot rate
A. The expected spot rate
B. The implied forward rate
C. The actual spot rate
User Contributed Comments 0
You need to log in first to add your comment.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe a binomial interest rate tree framework;
CFA® 2025 Level II Curriculum, Volume 4, Module 27.