I'm currently working on the Coursera Financial Engineering and Risk Management course. In one of the questions I was asked to build a binomial pricing model for fixed-income securities. Specifically a 10-period model with 5% initial short rate, u=1.1, d=0.9, q=1-q=0.5.
One of the questions asked for the bond forward price with maturity at t=4. And the forward price I got was exactly the same as the bond price. Is that correct for zero coupon bonds?
Here's my spreadsheet: https://goo.gl/5e7JSp