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Use the Table for the Question(s) Below

question 6

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Use the table for the question(s) below.
Consider the following zero-coupon yields on default-free securities: Use the table for the question(s)  below. Consider the following zero-coupon yields on default-free securities:   -Which of the following equations is incorrect? A)  Expected future spot interest rate = forward interest rate + risk premium B)  (1 + f<sub>1</sub>)  × (1 + f<sub>2</sub>)  × (1 + f<sub>3</sub>)  × ... × (1 + f<sub>n</sub>)  = (1 + YTM<sub>n</sub>) <sup>n</sup> C)  f<sub>n</sub> =   - 1 D)  (1 + YTM<sub>n</sub>) <sup>n</sup> = (1 + YTM<sub>n </sub><sub>-</sub><sub> </sub><sub>1</sub>) <sup>n </sup><sup>-</sup><sup> 1</sup>(1 + f<sub>n</sub>)
-Which of the following equations is incorrect?

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