1) FIND Expected forward rates, in words: Yield on 3-year bond 2 years from now (forward) Yield on 2-year bond 3 years from now (forward) Yield on 4-year bond 3 years from now (forward) Yield on 5-year bond 2 years from now (forward) Yield on 9-year bond 1 year from now (forward) = Symbol: 2 3 3r2 314 21 5 1T9 Maturity ield 1 year 2 years 3 years 4 years 5 years 6 year 7 years 8 years 9 years 10 years 2.00% 2.20% 3.40% 4.50% 5,00% 5.00% 5.20% 5.40% 5.50% 5.50%