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8. Complete the following table. All bonds have a face value of 100 and are semi-annual. ZERO RATE FORWARD RATE 2.81% PERIOD COUPON 0.5

8. Complete the following table. All bonds have a face value of 100 and are semi-annual. ZERO RATE FORWARD RATE 2.81% PERIOD COUPON 0.5 0 1 0 1.5 4 2 4 PV 96.78 100.34 99.86 What is the expected interest rate on a 1-year loan, 6 months from now? I

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