4) Suppose you see the following zero rate yield curve for Apple corporate bonds:

Time-to-maturity 6 months 12 months 18 months 24 months Spot Rate 2.21% 2.45% 2.63% 2.69%

a. [5] Topic 2 Level 2: What is the price of a 2-year, 4% coupon Apple bond?

b. [5] Topic 2 Level 3: What is the YTM of the bond in part (a)?

c. [5] Topic 2 Level 2: Suppose I told you that Apples current stock price is $244.78 with a dividend yield of 1.26% and no storage costs or convenience yield. Either: i) Calculate the 2-year futures price of Apple stock OR ii) Explain why you do not have enough information to calculate this price.

Please answer all parts and show work. thank you.