Given the following term structure of interest rates, what is the implied forward rate on a one-year bond two years from now?
Maturity (years) 1 2 3 4 5 6
Yield 7.50% 8.50% 8.92% 9.19% 9. 40% 9.58%
Possible Answers
A 9.76%
B 9.50%
C 8.92%
D 8.31%
E 7.50%