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1) If the 6-month zero rate is 0.20% and the 12-month zero rate is 0.30%, then what does the market expect the 6-month zero rate

1) If the 6-month zero rate is 0.20% and the 12-month zero rate is 0.30%, then what does the market expect the 6-month zero rate to be in 6 months?

2) If the 6-month par rate is 0.20% and the 12-month par rate is 0.30%, then what is the 12-month zero rate?

3) If the 48-month zero rate is 3.00%, then what is the present value of a 100 USD cash flow that arrives in 48 months? Report a positive number.

4)

What is the yield-to-maturity of a 4-year, 1000 USD 10% coupon bond that makes semi-annual coupon payments? The zero rates are

Months Period Zero Rate
6 1 0.20%
12 2 0.30%
18 3 0.50%
24 4 0.80%
30 5 1.20%
36 6 1.70%
42 7 2.30%
48 8 3.00%

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