6. The n-year spot rate of interest you is given by: Yn = 0.03+n/100 for n=1,2,3 and 4 (i) Calculate the implied one-year and two-year forward rates applicable at time t=2. (ii) Calculate, assuming no arbitrage: a. The price at time t=0 per 100 nominal of a bond which pays annual coupons of 4% in arrear and is redeemed at 115% after 3 years. b. The 3-year par yield