12 Suppose that the prices of zero-coupon bonds with various maturities are given in the following tablo. The face value of nich bond is 51000 Maturity Years price > 18339 310.92 $59.96 a. Calculate the forward rate of interest for each year. (Round your answers to 2 decimal places) Forward Rate Maturity ) 2 1 7.611 TI b. How could you construct a year forward loon beginning in year 37 (Round your Rate of synthetic loan answer to 2 decimal places) 1 F Reyhan 1000 3 12 - your answers to 2 decimal places.) Natyra Forward 4 25 3361 14 b. How could you construct a t.year forward tonn beginning in year 3? (ound your rate of synthetic loan arower to 2 decimal places.) 1000 Rate of the c. How could you construct a 1-year forward loan beginning in your 47 (Round your rate of synthetic foanauswer to 2 decimal places) $ Foe value Rate ut sya 1.000 H.2 n) C Suppose that the prices of zero-coupon bonds is $1,000. Maturity (Years). 1 2 3 4 5 Price $ 955.93 883.39 818.92 755.80 659.96