Which forward rate cannot be computed from the one-, two-, three-, and four-year spot rates? The rate for a:

A. one-year loan beginning in two years.
B. two-year loan beginning in two years.
C. three-year loan beginning in two years.

Ans: C. three-year loan beginning in two years.

Business

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According to Ruskin, the real value of wealth depends upon which of the following?

a. The amount of wealth b. The level of inflation c. The size of the economy d. The moral sign attached to it

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