4. A zero-coupon bond matures in 5years. At a market discount rate of 4.5% per year and assuming semi-annual compounding, what is the price of this bond per 100 of par value?

a) For the zero-coupon bond above calculate its price at the end of each year over the next 4 years(i.e. with 4 years to maturity, 3 years to maturity, 2, and finally1).Assume the market discount rate remains unchanged at 4.5% annually.