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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
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Learning Outcome Statements
describe a binomial interest rate tree framework;
CFA® 2025 Level II Curriculum, Volume 4, Module 27.