A 3-year,zero coupon Treasury bond sells at a price of $816.2979 . A 2-year,zero coupon Treasury bond sells at a price of $881.6593 . Assuming the expectation theory is correct, what does the market believe the price of 1-year,zero coupon bonds will be in three year? 我的想法： 816.2979 = 1000 / (1 + 0r3) ^3 881.6593 = 1000 / (1 + 0r2) ^2 根据预期理论 (1 + 0r3) ^3 = (1 + 0r2) ^2 * (1 + 2f3 ) ==> 得到 2f3 这个远期利率 ， 算出一年期的零息债券价格 P = 1000 / (1 + 2f3) 请问我这样的想法是对的吗?? @_@ 请高手们解惑~~感谢~~ --

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