2. Given the following spot rates: Year 0.5 1.0 1.5 2.0 Spot Rate (Annualized) 3.5% 4% 3.5% 5.5% c. Find the 6-month forward rates 6 months, 1 year, and 1.5 year from now respectively and express as annualized rates on a bond-equivalent basis. (15 marks) d. A 2-year bond is priced at 101 using the given spot rate curve. What is the coupon rate of the bond? Assume semiannual compounding and coupons are paid semiannually. (10 marks) 2. Given the following spot rates: Year 0.5 1.0 1.5 2.0 Spot Rate (Annualized) 3.5% 4% 3.5% 5.5% c. Find the 6-month forward rates 6 months, 1 year, and 1.5 year from now respectively and express as annualized rates on a bond-equivalent basis. (15 marks) d. A 2-year bond is priced at 101 using the given spot rate curve. What is the coupon rate of the bond? Assume semiannual compounding and coupons are paid semiannually. (10 marks)