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10 points begin{tabular}{ll} Years to maturity & Yield 0.5 & 4.6% 1.0 & 5.0% 1.5 & 5.4% 2.0 & 5.8% end{tabular}
10 points \begin{tabular}{ll} Years to maturity & Yield \\ 0.5 & 4.6% \\ 1.0 & 5.0% \\ 1.5 & 5.4% \\ 2.0 & 5.8% \end{tabular} Assuming that the yields on the 0.5 -year and 1-year bonds are their respective spot rates, compute the 1.5-year and spot rate. Don't write answer is decimals (i.e. if result is .04 write answer as 4)
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