问题
单项选择题
Suppose that the one-year forward rate starting one year from now is 6%. Which of the following statements is TRUE under the pure expectations hypothesis The expected:（）
A. future risk premium for short-term bills is 6%.
B. future one-year spot rate in one year’s time is equal to 6%.
C. future risk premium for long-term bonds is 6%.
答案
参考答案：B
解析：
Under the pure expectations hypothesis, forward rates are equal to expected future spot rates.