1. Suppose a company issues an annual coupon bond with a maturity of 2 years, price of $950, par value of $1,000, and coupon rate of 5%. They also issue an annual zero-coupon bond with a maturity of 1 year, price of $900, and par value of $1,000. 1a. For these particular bonds, what is the one-year spot rate? (15 points) 1b. For these particular bonds, what is the arbitrage-free two-year spot rate? (15 points) 1c. If the company were to issue an annual zero-coupon bond with a maturity of 2 years and par value of $1,000, what would be the arbitrage-free price of that bond? (10 points)