4. The following is a list of prices for zero-coupon bonds of various maturities. Calculate the yields to maturity of each bond and the implied sequence of forward rates. Maturity (years) 1 2 3 4 Price of Bond ($) 943.40 898.47 847.62 792.16

Second image is the answer but idk how they came to those numbers. can you break down the formulas and how the yield was derived. also where is the forward rates?

4. The following is a list of prices for zero-coupon bonds of various maturities. Calculate the yields to maturity of each bond and the implied sequence of forward rates. 4.Maturity1234Price$943.40$898.47$847.62$792.16YTMForwardRates6.00%5.50%5.67%6.00%5.00%(1.0552/1.061)6.00%(1.05673/1.05521)7.00%(1.064/1.056731)