Forward rates ____________ future short rates because ____________.
A.
are equal to; they are both extracted from yields to maturity.
B.
are equal to; they are perfect forecasts.
C.
differ from; they are imperfect forecasts.
D.
differ from; forward rates are estimated from dealer quotes while future short rates are extracted from yields to maturity.
E.
are equal to; although they are estimated from different sources they both are used by traders to make purchase decisions.