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6 Year 1 2 10 points 3 1 Year Forward Rate 4.5% 5.2% 5.9% 6.3% 6.8% 7.0% 4 5 6 eBook References Calculate the price

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6 Year 1 2 10 points 3 1 Year Forward Rate 4.5% 5.2% 5.9% 6.3% 6.8% 7.0% 4 5 6 eBook References Calculate the price at the beginning of year 1 of a 10% annual coupon bond with face value $1,000 and 5 years to maturity. Multiple Choice $1,181 $1,151

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