3 $87.49 5 $77.60 $82.61 The following table summarizes prices of various default-free zero-coupon bonds (S100 face value): Maturity (years) 1 2 Price (per $100 face value) $96.48 $92.04 a. Compute the yield to maturity for each bond. b. Plot the zero-coupon yield curve (for the first five years). c. Is the yield curve upward sloping, downward sloping, or flat? Note: Assume annual compounding. a. Compute the yield to maturity for each bond. The yield on the 1-year bond is %. (Round to two decimal places.)