I have to find nominal and effective forward interest rate for 3M-9M term, knowing that current interest rates are:
- 3M - 2.05%
- 6M - 2.04%
- 9M - 2.03%
- 12M - 2.02%
For a nominal interest rate I just solve for $r$ the following equation:
I will have some $r$ (nominal i.r.) but how can I find an effective interest rate? Won't it be the same as nominal?