A 2 year bond with semi-annual coupon rate of 0.04 is trading at par (100%)

1) What is its spot semi annual yield?

2) Assume one can borrow 3% p.a. simple interest for 3 months (0.25 years) to purchase this bond on a leveraged basis. What is the forward price for 3 month forward delivery?

3) Use the 3 month forward price to calculate its forward yield, it's semi-annual yield on the forward date based on the above forward price.