4.34 please

On a 2-year bond that pays a coupon equal to the par yield? The following table gives the prices of bonds: * Half the stated coupon is assumed to be paid every six months. (a) Calculate zero rates for maturities of 6 months, 12 months. 18 months, and 24 months. (b) What are the forward rates for the following periods: 6 months to 12 months, 12 months to 18 months, and 18 months to 24 months? (c) What are the 6-month, 12-month, 18-month, and 24-month par yields for bonds that provide semiannual coupon payments? (d) Estimate the price and yield of a 2-year bond providing a semiannual coupon of 7 % per annum. Portfolio A consists of a 1-year zero-coupon bond with a face value of $2,000 and a 10-year zero-coupon bond with a face value of $5,000. The current yield on all bonds is 10% per annum. (a) Show that both portfolios have the same duration. (b) Show increase in yields are the same