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7.17 The following table gives the prices of zero-coupon and semiannual coupon bonds: Maturity (years) Coupon rater (% per annum) Price per 100 face value

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7.17 The following table gives the prices of zero-coupon and semiannual coupon bonds: Maturity (years) Coupon rater (% per annum) Price per 100 face value 0.5 0.0 98 1.0 0.0 95 1.5 4.0 96 2.0 6.0 97 Calculate the spot rates for maturities of 0.5, 1, 1.5 and 2 years using the bootstrap method

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