The Formula for the Annual Forward Rate Is:
A) $\frac{(F-S) \times 100}{S} \times \frac{365}{n}$

The formula for the annual forward rate is:

A) $\frac{(F-S) \times 100}{S} \times \frac{365}{n}$
B) ( $\frac{(F-S) \times 100}{F} \times \frac{365}{n}$
C) $\frac{(\mathrm{S}-\mathrm{F}) \times 100}{\mathrm{~S}} \times \frac{365}{\mathrm{n}}$
D) $\frac{(\mathrm{S}-\mathrm{F}) \times 100}{\mathrm{~F}} \times \frac{365}{\mathrm{n}}$

Correct Answer:

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